If we were late on a shipment and we caused the line to shut down, this manufacturer would back-bill us up to $50k/hr.The decimal place may be different in residential construction, but the concept is the same: If materials aren't where they are supposed to be, the builder loses money in both obvious ways (plumbing standing around with his finger in his ear)... and not-so-obvious ways (Having to reschedule things, look for materials, make phone calls, project manager going into emergency mode, subs have to be rescheduled, etc.)I have yet to see an investor who is willing to even entertain the idea that they should be backbilled $200/hr because a faucet wasn't exactly where it needed to be when it needed to be there. 

In a downturn, all markets get hurt but these out lying areas don't get hurt, I repeat they don't get hurt, they get decimated.

Write him back and ask him if he mis-placed a decimal.

If rising interest rates cause local cap rates to increase by 1.5-2.5% over the next 5 years, my projected internal rates of return for my apartments will be decimated.

After you've established the market cap rate, you simply divide the NOI by the decimal rate. 

They were all decimated.

Even our President-elect wrote some 20 or 30 years ago, "The only difference between $100,000 and $1,000,000 is a decimal place."

Saying that one can quantify it to two decimal places is complete nonsense.

For many areas of the country, the real estate market is strong and is poised to lead a recovery, as long as lenders don't pull back and decimate demand.

Maybe you're scared by the decimal place?