As the industry has matured, real estate has become a very accepted investment. Institutions have used core investments to get comfortable with real estate as an asset class, and now that they're comfortable they're moving up the risk spectrum.
Richard PriceAnd what is the religion of many persons but a kind of demonism that delights in human sacrifices and causes them to look with horror on the greatest part of mankind? Plutarch, it is well known, has observed very justly that it is better not to believe in a god than to believe him to be a capricious and malevolent being.
Richard PriceYou don't write about the horrors of war. No. You write about a kid's burnt socks lying in the road.
Richard Price