2014 ARES Conference Highlights
David M. Harrison 2014 ARES Program Chair
The 2014 ARES Annual Meeting on Coronado Island (San Diego), California was another overwhelming success. Once again, we set a new all-time attendance record, with over 300 papers and panel presentations across 79 conference sessions. Another marker of success, despite having a record 9 concurrent sessions in each time slot, average attendance per session increased 30% from last year. Thus, not only are we growing the size of the discipline, but we’re doing so while maintaining a quality product offering that is of interest to a broad base of ARES constituents. READ MORE or View the Conference Photo Gallery
Beracha, Hardin & and Johnson Buy vs. Rent Index
Index Description and Third Report
The Beracha, Hardin & Johnson Buy vs. Rent Index is an index designed to signal whether current market conditions favor buying or renting a home in terms of wealth creation over a fixed holding period in a particular market relative to historical market conditions and alternative investment opportunities. As of March 2014, the index is available for the United States as a whole and four additional key cities (New York City, San-Francisco, Miami and Denver). The index is published twice a year (March and August) and spans from 1981:2 (end of December 1981) to 2013:2 (end of December 2013) and will expand every six months there afterwards. Note that just as Case-Shiller experiences a two month lag, the BH&J Index experiences virtually the same time delay due to the time necessary to calculate the most current index values. Read the entire Article and Review the index Click here
MESSAGE FROM THE PRESIDENT-ELECT
By: Michael J. Seiler, Professor of Real Estate & Finance
The College of William & Mary
By: Michael J. Seiler, Professor of Real Estate & Finance
The College of William & Mary
It is my great honor, privilege, and pleasure to serve ARES this year as the President-Elect. I will attempt to give back to ARES the countless benefits it has given to me over the years. While this will not be possible, I look forward to trying. Another unattainable goal of mine is to be a mentor and friend to people the way Jim Webb was to me. I want to continue to convey the openness of ARES and welcome all serious academics and practitioners no matter their background. ARES is a thought-leading organization and a beacon in the profession.
I will do my best to encourage a new generation of scholars to team with those of us already carrying the torch lit by the great folks who came before us. In short, I look forward to continuing as a humble servant to ARES, the organization that has helped so many people help so many others.
Steven Laposa, James R. Webb American Real Estate Society Foundation, Director of Development
Earlier this year I sent out an email blast that asked a simple question, “…do the numbers 20, 43, 32, and 45 mean anything to you?” I replied that these numbers are not random rental rates for some obscure real estate market but individuals, people you’ve seen and will see at our annual ARES conferences. Who are they? The first three numbers represent the number of doctoral students who attended the last three ARES conferences and 45 represents the expected number of doctoral students scheduled to attend our San Diego conference this April.
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