Akira Mori Famous Quotes
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A boat can't have two captains.
In my experience, in the real-estate business past success stories are generally not applicable to new situations. We must continually reinvent ourselves, responding to changing times with innovative new business models.
In my family, there were Kei and Minoru and then there were the rest. Everyone in my family is very opinionated and everyone tried to join the debate. But by the time my turn came, there was nothing left to say. I couldn't keep pace, so I looked to do my own things.
Today the strategies of many companies in the real estate industry are premised on low interest rates, an assumption that has resulted in the rapid expansion of the real estate securitization business. This trend could be regarded as a risk factor, as it exposes the real estate sector to at least three potential problems: first, interest rate hikes; second, revisions to securitization business accounting standards; and third, overheating in the real estate market.
