The reason is that it is IMPOSSIBLE to predict exactly which expenses will occur for a given property in a given year.

However, right now they are not rising "eventually" as with his prediction for rents, expenses are rapidly rising right now and runaway inflation is a real possibility.

You're asking for predictions, and those are difficult.

too funny...i played hockey at umd, not in the 70's though...it was probably the football team...hehe

Anyone with a good knowledge of History (especially Cultural Anthropology) will be able to predict future patterns of human behavior based upon past human behavior.

If that deal holds, said Von Ancken, it will be the highest price ever paid for air rights in the city.Von Ancken told the luncheon that, while air rights were definitive and quantifiable, he wasn't quite as adept at predicting the future of the real estate market in Manhattan, commenting, "The future is amorphous and is dependent on many variables."

Most of the assets are in 1st National while First Heritage accounts for $254 million.Any predictions on the next banks to fall?

The problem a lot of beginning investors have, though, is they don't know a good price, they can't accurately predict cash flow or how to determine whether they'll have POSITIVE cash flow, and they don't have an exit strategy in mind when they buy a property.Educate yourself, learn your local market, and invest!

If you check out this techie guy Kevin Kelly: Predicting the next 5000 days of the web on the youtube he explains it pretty well.

It predicts less, not more.