Ryan Dezember
speaker
644 appearances
11 recordings
1 series
first heard May 2018
last heard Jun 2024
Ryan Dezember’s voice in public audio — every appearance, attributed to the second.
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Appearances
WSJ Your Money Briefing · How Wall Street Investors Become America's Landlords · 18 Sep 2018
podcast
And if the data is available, you know, the data involved in these houses or attached to these houses varies greatly from county to county or, you know, whether you're getting it from a foreclosure auction or from a listing where a realtor is taking photos and put up a lot of
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You know, written description.
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So they'll look for things like that in photos.
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They might scan the written descriptions.
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If it's available, if they have floor plans, they might look at the size of the kitchen compared to the rest of the house and say it's a very large kitchen.
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So maybe this is a chef's kitchen.
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One thing that they do that's sort of interesting is they'll look at the neighborhood and they'll say, okay, how far is it from a Starbucks?
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How far is it from a yoga studio?
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How far is it from a tattoo parlor?
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In that neighborhood, is a tattoo parlor a good thing, like perhaps a sign of gentrification or maybe is it a sign of decay?
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And a lot of that has to do with, well, is a tattoo parlor near a yoga studio and a coffee shop serving $5 lattes?
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Or is it, you know, sort of in an abandoned, otherwise abandoned shopping center next to a pawn shop and a liquor store?
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Yeah, that has more to do with like demographic data.
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So they might take the census data and look at medium median income to know sort of like, you know, what the people in that neighborhood can afford, what people are paying in rent.
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You know, if it's the sort of neighborhood where somebody, say, can buy a $5 latte on a whim or go to a $20 exercise class, they try to stay away from demographic information involving race and things like that because that they can sort of run into this tricky area where they could violate the Fair Housing Act.
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They don't want to, you know, redline neighborhoods or be discriminatory.
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And to that end, they tend to skew toward positive measures.
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Is this tattoo parlor a sign of trendiness?
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They might not tell you it's a sign of decay.
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Now, me and you going to an open house might be able to tell just intuitively what that is.
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