Tuesday, September 5, 2006

Conflicts of interest in the real estate market

The real estate market fascinates me. Not only is real estate often the largest holding of many people, but the lack of liquidity, lack of transparency, and vested interests of various players tells us much about people and markets.For instance, while some observers may balk at the idea that corporate managers would purposely fight transparency, we see much evidence of the same behavior by real

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