Real Estate Megathread - The Best Posts/Discussions on WSO
Intro (Andy will type later)
template
- post title - originally posted by @username" date (# of sb's / comments)
Top comment (OR original post) by @username" (_ silver bananas)
Top Discussions:
- The Real Estate Job Hunt - How are people doing? - originally posted by @Pocket_Rockets" 2/27/17 (113 comments)
Top comment by @Virginia Tech 4ever" (9 silver bananas)
I'm not really in the market to switch jobs, but I often (twice a month or so) look at the Linkedin, Indeed, SelectLeaders, et al postings in the D.C. area (it's a really good way to gauge the market) and there just isn't much, especially in the more senior levels. Really shows that this industry--really, real estate and finance in general--is a pyramid industry where there are lots of junior-level positions but very few senior-level positions. In other words, you'd better damn well be prepared to be an entrepreneur if you enter this business because the high paid salary jobs are few and far between.
Top Posts:
- WSO's Best Real Estate Books - originally posted by @CRE" 8/9/16 (17 silver bananas, 29 comments)
Wrapping up an interview
1. People ask about the best real estate books to read on this forum almost daily and we're happy to toss Linneman and Bowman their way, as well as all of the terrific ULI books, but @Whats the Comp" today asked specifically about non-textbook reads and it got me thinking that we should build a list of our favorites. Here are mine, in no particular order:
- "Other People's Money: Inside the Housing Crisis and the Demise of the Greatest Real Estate Deal Ever Made" is a fantastic read, but real estate people are definitely the "bad guys" in the story. I was rooting for the "villain" the whole way.
- "The Celebration Chronicles: Life, Liberty, and the Pursuit of Property Value in Disney's New Town" is similar in that it doesn't paint developers in the best light, but it's a good read.
- "King of Capital: The Remarkable Rise, Fall, and Rise Again of Steve Schwarzman and Blackstone" isn't about real estate really, but Blackstone is one of the biggest names in the industry so it's cool to get some insight into the company.
- "Hines: A Legacy of Quality in the Built Environment" is similar, telling the story of how Gerald Hines build one of the largest and best real estate firms in the world.
- "My Life with Charles Fraser" is similar insight into a legend. The man built most of Hilton Head, Sea Pines Plantation, Amelia Island, Kiawah Island, and Palmas del Mar resorts.
- "Threshold Resistance: The Extraordinary Career of a Luxury Retailing Pioneer" is dated at this point, because it's waaaaaay too bullish on malls (written in 2007), but it's hard to deny Taubman's influence and it's a quick, solid read. He's pretty funny.