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nashville_brook

(20,958 posts)
12. what i've observed in the commercial real estate industry is that "political thought" =
Sat Jun 30, 2012, 01:42 PM
Jun 2012

mouthing what the rich guy says -- whether he's the boss, or the client or the rich investor being interviewed on CNBC. there's no thinking. there's no consideration of facts and outcomes. it's all about lending ideological currency to those perceived to drive business your way.

i do a lot of roundtable "thought leadership" work with executives around a conference table talking to journalists, and publishing papers. everything is recycled -- there's no original thought, no personal experience, and push comes to a shove, brokers are more than happy to just make up narratives that fit the boss' perspective. one that i've heard way too many times recently is our industrial brokers saying that "our clients are waiting until after the SCOTUS decision," to buy real estate. before that they were waiting until after the midterm elections. And i know that next week they'll say they're waiting until after the November elections to make a move, "because things are just too uncertain right now."

well, that's not how business is done. that's how casino betting is done. there's more than 3 trillion dollars of capital being hoarded by American corporations right now...just waiting for the next...bubble.

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