I want to better understand market trends. Where to begin?

I want to better understand market trends. Where to begin?

Engineer · Monmouth Beach, NJ · Member since 2016 · 132 posts · 25 votes

I want to better understand market trends. How can I apply social and economic data to real estate?

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  • Investor · Pueblo West, CO · Member since 2014 · 310 posts · 213 votes
    9y

    I teach Psychology 100 at a community college. I see connections to real estate in almost every chapter. I share them with the class in 2-3 chapters. If you don't want to read a Psych 100 textbook, I have three other recommendations.

    Influence: by Robert Cialdini (Social Psychologist)

    Thinking Fast and Slow by Daniel Kahneman (Social Psychologist)

    The Intelligent Investor by Daniel Graham (Economist)

    The Intelligent Investor is based on evaluating stocks. However, I think you can apply the same principles to real estate.

    I think the most value is in behavioral economics. Behavioral economics discuss market inefficiencies caused by inefficient human behavior (mostly emotional).

  • Denver, CO · Member since 2016 · 82 posts · 46 votes
    9y
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