Real Rates in the Long Run
Aug 14, 2023•14 min•Ep. 230
Episode description
The only real drawback to my job is the number of flights I have to take - but this is a serious drawback when evening flights get delayed. Without the energy to do any productive work, I often combat the misery by playing board games on my iPad and I’ve lately added Monopoly to my repertoire. I used to play Monopoly as a child, of course, but my strategy has evolved with the years. When I was younger, I hated owning boring railroads. Now I quite like them. They’ll never provide with the fortune you can extract from a guest at your Boardwalk hotel. But if you own all four of them, they generate a nice steady income and sooner or later, someone will pick up the Chance card that triggers the minor windfall of double rent.
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