Most/least efficient property segments

[Sascha Weinberg]

Hi BP,

I am curious to hear your opinion on this. Take a given City, no matter whether its high prices like San Francisco or lower price points like Cleveland, what is the most/least efficient segment of the market in terms of pricing? I would assume that SFH is the least efficient since a lot of participants might not be too well educated (and might have financial problems every now and then) whereas really big properties with 100+ units as a segment usually only have really well educated and funded participants. I guess you wont find any/as many great deals the bigger an asset gets in size. Do you agree?

Looking forward to your feedback!

Sascha