tag:blogger.com,1999:blog-33399132.post2828092160005612798..comments2024-03-04T08:09:21.453-08:00Comments on Richard's Real Estate and Urban Economics Blog: When agglomeration makes things worseRichard Greenhttp://www.blogger.com/profile/02161226214739034402noreply@blogger.comBlogger3125tag:blogger.com,1999:blog-33399132.post-80162983950920997102012-11-19T03:11:56.260-08:002012-11-19T03:11:56.260-08:00When using a repair allowance, you inspect the pro...When using a repair allowance, you inspect the property and determine what needs to be done in repairs. You add up the cost and have that money given back to you at the closing.<br />Doing this gives you money for closing that you wouldn’t have had. You can use this money for a down payment. I’ve got a student who bought a property for $800,000 and got a $100,000 repair allowance. Not only did <a href="http://vimeo.com/36758681" title="David lindahl scam" rel="nofollow">David lindahl scam</a> use that for his down payment, he did some repairs that needed to be done immediately. He’s planning on using the rest as a down payment for another property!Anonymoushttps://www.blogger.com/profile/03157123148198604033noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-57161027461136232512007-07-14T16:10:00.000-07:002007-07-14T16:10:00.000-07:00Yes, there were a number of good papers. One by Y...Yes, there were a number of good papers. One by Yongheng Deng on the Chinese Mortgage Market in its infancy, and one by Tim Riddiough and Joe Williams explaining the existence of percentage rents in shopping centers rents were particularly good.<BR/><BR/>Sheridan Titman also gave a nice talk on cap rates and whether they can remain as low as they are (he thinks they can, but I am skeptical). And I got to discuss a paper by Poh Har Neo on whether REITS in Japan and Singapore benefit from accerition. The answers seem to be yes and no; Ms. Neo is a Ph.D. student at National University of Singapore, and did a wonderful job presenting. It is fun to see students perform well.Richard Greenhttps://www.blogger.com/profile/02161226214739034402noreply@blogger.comtag:blogger.com,1999:blog-33399132.post-89564415131162562142007-07-14T10:02:00.000-07:002007-07-14T10:02:00.000-07:00Interesting notes concerning what surrounded the c...Interesting notes concerning what surrounded the conference... but anything of interest from the conference itself??Anonymousnoreply@blogger.com