Could the failure to properly value assets lead us toward Japanese-style deflation? The great recession is officially over, at least on paper. But try telling that to the mortgage finance market. Banks are keeping depreciating assets on-book, without accounting for the full value. What could go wrong?
November Issue: Mark-to-Make Believe
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What lies ahead
In real estate, short-term rentals (STRs) have carved a niche that extends far beyond the heyday of basic room rentals. This market has transformed in recent years, offering travelers a range of unique experiences while providing property owners with an appealing stream of income.
