Comments on: Are You Playing Not to Lose or Playing to Win? http://www.crefrontline.com/2009/04/are-you-playing-not-to-lose-or-playing-to-win/ Commercial real estate opportunities, education, stories, interviews, and more. Tue, 09 Jun 2009 20:07:01 +0000 http://wordpress.org/?v=2.9.2 hourly 1 By: Stuart Simek, CCIM http://www.crefrontline.com/2009/04/are-you-playing-not-to-lose-or-playing-to-win/comment-page-1/#comment-90 Stuart Simek, CCIM Tue, 09 Jun 2009 20:07:01 +0000 http://www.crefrontline.com/?p=510#comment-90 Denial plays a big role in accepting a loss. Real estate, is unlike gambling where the loss is immediate when the chips are cleared from the table. In real estate you can deny your loss has happened as long as you keep feeding the property more money. The first loss is ALWAYS your best loss. Denial plays a big role in accepting a loss. Real estate, is unlike gambling where the loss is immediate when the chips are cleared from the table. In real estate you can deny your loss has happened as long as you keep feeding the property more money. The first loss is ALWAYS your best loss.

]]> By: Karl http://www.crefrontline.com/2009/04/are-you-playing-not-to-lose-or-playing-to-win/comment-page-1/#comment-67 Karl Sat, 18 Apr 2009 20:10:18 +0000 http://www.crefrontline.com/?p=510#comment-67 Yes, you are right! Everybody wants to win. The problem, however, is that in real estate it is terribly difficult to forecast market developments correctly. As you just missed an opportunity to speak french, have a look at the Paris real estate market: since 1997 average prices soared by an amazing 170% whereas in Germany they still are where they were thirty years ago. I now wonder why just nobody forecast this? In real estate the markets just move in directions you can't predict. Salut from Paris! Karl, http://www.khs.fr/index2.cfm Yes, you are right! Everybody wants to win.
The problem, however, is that in real estate it is terribly difficult to forecast market developments correctly.
As you just missed an opportunity to speak french, have a look at the Paris real estate market: since 1997 average prices soared by an amazing 170% whereas in Germany they still are where they were thirty years ago. I now wonder why just nobody forecast this?
In real estate the markets just move in directions you can’t predict.

Salut from Paris!

Karl,
http://www.khs.fr/index2.cfm

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