450: What is Hypernomics?
Every time we underwrite a new asset, we build models. But modeling an apartment building isn\u2019t like modeling a house. The price isn\u2019t just what someone thinks it\u2019s worth; it\u2019s determined by net operating income and cap rates, which are heavily influenced by interest rates. Modeling for apartment investing also includes measures of job and [\u2026]