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John Works at the New Office Building Downtown  Form

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we've both had a fair amount of experience in real estate and charlie made early money in real estate the second point is the more important points real estate is not a commodity but i think it tends to be more accurately priced critically developed real estate more accurately priced most of the time now during the rtc period when you had huge amounts of transactions and you had a you had an owner that didn't want to be an owner in a very big way and they didn't know what the hell they owned and all of that sort of thing i mean you had a lot of mispricing then and i know a few people in this room that made a lot of money off of that but under most conditions it's it's hard to find real estate that's really mispriced i mean when i look at when i look at the transactions that reits engage in currently and you get a lot of information on that sort of thing they're very similar but it's a competitive world and and you know they all know about what a class a office building and you know in

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