“He said, we're going to raise rates at a measured pace… 25 basis points every six weeks… hedge funds sold puts because they knew it was 25.”
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Said on Alpha Exchange
The Deal with Adam Di Marco · Monarch Residences: Luxury at Scale - James MacGinley, Consolidated Properties Group
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Raised prices on apartments by $25-$50k when a product sold ≥4 units in the prior six weeks
$44 million total price uplift across the project
“He said, we're going to raise rates at a measured pace… 25 basis points every six weeks… hedge funds sold puts because they knew it was 25.”
“Pricing, which was supposed to be at $11, is starting to slip. It's looking like nine. By late evening, it's looking at 8.25. ... maybe it might hit six or seven.”
“When the price of a product or service exceeds $1,000, 63 percent of consumers typically want a more intimate relationship with the vendor”
“Upfront cost of his preferred version of the Chinese SUV at the equivalent of around 50K, half the price for a visually similar Range Rover model”
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