The Trend Czar bemoans the difficulty of chasing yield in real estate these days. Essay here. Favorite excerpt about investing in tertiary markets here:
"The players positioned to master these markets are really the local operators, often family developers or old line firms with deep “home-town” roots. They have been willing to invest in their communities, hold for the long-term, and get rich slowly, husbanding tenants and cash flows."
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