Assessment Matters by Valuebase.co

16: Jimmy Williams - Modeling, Technology and the Housing Crisis


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We cover:

  • Jimmy’s background. 0:01

    • Introduction to Jimmy Williams

    • Jimmy's background and background in real estate valuation.

    • Land impacts everything.

    • The value of land. 4:07

      • Land is a big deal.

      • Location is more important than dirt in land.

      • Land is still land even in major cities.

      • How it affects education and criminal justice.

      • The neighborhood lifecycle of property value. 7:03

        • Philadelphia is a city of the haves and have-nots.

        • How land affects the economy.

        • The neighborhood lifecycle and why it's so important.

        • The best and worst neighborhoods in Philadelphia.

        • The housing crisis has hit national discourse. 11:01

          • The housing crisis has really hit the national discourse.

          • Philadelphia is a super local place.

          • Boston is the cheapest big city in the northeast.

          • Post-pandemic, prices are going up.

          • The problem with long term mortgages. 14:18

            • Housing shortage in the us.

            • Philly is changing to accommodate the housing shortage.

            • What do you see for housing in philadelphia? 16:13

              • The next 10-20 years for philadelphia.

              • The hard dichotomy between housing being cheap and cheap.

              • Why housing works as an investment.

              • The behavioral economics of real estate.

              • How he got interested in mass appraisal modeling. 21:00

                • The evolution of the mass appraisal division in philadelphia.

                • How shante got started in the profession.

                • Opportunities in the valuation technology and explainability. 23:15

                  • The biggest issue in the valuation space.

                  • The conflict between accuracy and explainability.

                  • Importance of being able to explain the model.

                  • Opportunities in the modeling space.

                  • Advice for people just getting started in the industry. 27:09

                    • Everything goes back to the land.

                    • Advice for someone just getting started in the industry.

                    • Connections between the lane and everything else.

                    • Where to find Jim online.

                    • ...more
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                      Assessment Matters by Valuebase.coBy Will Jarvis