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"You might think that I am off base, but I am published by the Securities and Exchange Commission."

Thomas Paul Murphy

Wednesday, May 25, 2022

High End Commercial Real Estate Dynamic 05 25 2022

 High End Commercial Real Estate Dynamic 05 25 2022

I believe that there is a type of dynamic at play in high end commercial real estate.  Whereby someone makes a lot of money and then buys or builds an expensive property.

What we late find out is that that person has some controversy or notoriety concerning them.  Perhaps felony level accusations that seem true enough.

And then what happens?  The expensive property that they own becomes tainted by that.  And that taint seems to last a while.  Some of those tainted properties, once multimillion dollar properties become abandoned and worthless. 

But what does that mean?  What is the gestalt of that?  It means that they really were not worth all of that money in the first place.  Follow the logic?

Nobody wants to own that property because no one wants to be like that person in any way!  However when they made their initial money people wanted to be like them for some reason and they became popular?

But what about a person who became popular for being what might be termed a bad person?  What is the percent figure on that property not being worth as much some day?  Likely high.

So in effect you have a misrepresentation of the true worth of that person from day one!

One would not believe that should be possible in our Constitutional Democracy?

*****'

That person builds a multimillion dollar home.  And they customize everything about it!  As if somehow their style is a representation of God?  And then we here of the accusations against them.  And how are all of those stylizations then viewed?  As some kind of ugly and odd stigma!  Something you don't want brushing off on you.

And buyers can be fooled.  But for some reason there is something, a trace of honesty, in buyers whereby that is recognized, albeit perhaps at the subconscious level.  And it is something that can't be shaken away.

******'

So perhaps what we see is that somehow the true voice or reason or righteousness can not be duped or duplicated and it is ever persevering?  And that is a reason to have faith in humanity!

© 2022 Thomas Murphy

I had another article kind of similar to this one I might type up after awhile.

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