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	<title>Comments on: The Art Of The Deal</title>
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		<title>By: Jeff R.</title>
		<link>https://www.isegoria.net/2016/03/the-art-of-the-deal/comment-page-1/#comment-2463718</link>
		<dc:creator>Jeff R.</dc:creator>
		<pubDate>Tue, 29 Mar 2016 01:27:07 +0000</pubDate>
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		<description><![CDATA[He misses a really big piece of the puzzle: developers put their  capital on the line. Banks aren&#039;t going to lend anybody 30 million to build an office park that might wind up only being  worth ten if the tenants who were going to occupy it pull out or go bankrupt two years into a ten year lease or what have you, so the banks want demand developers put up  otherassets as additional collateral. Sometimes it&#039;ll be your own personal assets, sometimes it&#039;ll be your investors, but of course the more partners you have, the  smaller the profit you&#039;ll make, so it makes sense to use your own as much as possible.  It helps to already be rich if you want to make money  in real estate development.]]></description>
		<content:encoded><![CDATA[<p>He misses a really big piece of the puzzle: developers put their  capital on the line. Banks aren&#8217;t going to lend anybody 30 million to build an office park that might wind up only being  worth ten if the tenants who were going to occupy it pull out or go bankrupt two years into a ten year lease or what have you, so the banks want demand developers put up  otherassets as additional collateral. Sometimes it&#8217;ll be your own personal assets, sometimes it&#8217;ll be your investors, but of course the more partners you have, the  smaller the profit you&#8217;ll make, so it makes sense to use your own as much as possible.  It helps to already be rich if you want to make money  in real estate development.</p>
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		<title>By: Rob Sperry</title>
		<link>https://www.isegoria.net/2016/03/the-art-of-the-deal/comment-page-1/#comment-2463650</link>
		<dc:creator>Rob Sperry</dc:creator>
		<pubDate>Mon, 28 Mar 2016 17:40:23 +0000</pubDate>
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		<description><![CDATA[What percentage of the barriers are put there by established developers in cooperation with government to prevent upstart or potential developers from becoming developers? Start with the Taxi industry and a basis for comparison.]]></description>
		<content:encoded><![CDATA[<p>What percentage of the barriers are put there by established developers in cooperation with government to prevent upstart or potential developers from becoming developers? Start with the Taxi industry and a basis for comparison.</p>
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		<title>By: Slovenian Guest</title>
		<link>https://www.isegoria.net/2016/03/the-art-of-the-deal/comment-page-1/#comment-2463600</link>
		<dc:creator>Slovenian Guest</dc:creator>
		<pubDate>Mon, 28 Mar 2016 11:42:31 +0000</pubDate>
		<guid isPermaLink="false">http://www.isegoria.net/?p=39942#comment-2463600</guid>
		<description><![CDATA[We could really change entrepreneur to “permiteur” at this point.

This also reminds me of the Golden Gate bridge, it was build in half a decade back in the thirties, essentially by hand with slide rulers. So you would think they could do it in half the time, if not sooner, today, with modern heavy duty equipment, computers and better materials, right?

Wrong, the other, &lt;a href=&quot;https://en.wikipedia.org/wiki/Eastern_span_replacement_of_the_San_Francisco%E2%80%93Oakland_Bay_Bridge&quot;&gt;Oakland Bay Bridge&lt;/a&gt; took a whole decade to build, construction begin was 2002, construction end 2013! They even had to import Chinese welders, it was really sad all around.]]></description>
		<content:encoded><![CDATA[<p>We could really change entrepreneur to “permiteur” at this point.</p>
<p>This also reminds me of the Golden Gate bridge, it was build in half a decade back in the thirties, essentially by hand with slide rulers. So you would think they could do it in half the time, if not sooner, today, with modern heavy duty equipment, computers and better materials, right?</p>
<p>Wrong, the other, <a href="https://en.wikipedia.org/wiki/Eastern_span_replacement_of_the_San_Francisco%E2%80%93Oakland_Bay_Bridge">Oakland Bay Bridge</a> took a whole decade to build, construction begin was 2002, construction end 2013! They even had to import Chinese welders, it was really sad all around.</p>
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