Valuation Distortions

Valuation Distortions

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Will AI Always Require Land?

Today we’re looking at the AI value chain, and more specifically, how the migration of AI workloads from centralized data centers to local devices could change the investment thesis for data center real estate.Right now, most AI feels like a cloud service. You type a prompt into ...  Show more

Inflation Can Hurt Investors Too

A recent Wall Street Journal article laid out the rising cost of home ownership in a very clear way. From 2019 to 2025, the annual cost of owning a home rose from about $20,600 to about $28,600. That is a 39 percent increase, compared with a 26 percent increase in the consumer pr ...  Show more

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