Robert Hockett, Professor at Cornell Law School, Joins Bruce Norris on the Real Estate Radio Show #288

This week Bruce Norris is joined once again by Robert Hockett.  Robert teaches financial and business law subjects at Cornell Law School, where his research and writing focuses on the legal and institutional prerequisites to a just and prosperous economic order.  He is also a fellow at the Century Foundation, a commissioned offer for the New America Foundation and consultant to a number of financial institutions, regulators, and legislators.  Prior to entering legal academia, he worked at the International Monetary Fund and served as a judicial clerk for the Honorable Deanell Reece Tacha, Chief Judge of the U.S. Court of Appeals for the 10^th Circuit.  He was educated at the University of Kansas, Oxford University, where he studied as a Rhodes scholar, and at Yale University.  Robert also authored a memorandum entitled It Takes a Village Municipal Condemnation Proceedings and Public/Private Partnerships for Mortgage Loan Modification Value Preservation and Economic Recovery.  Bruce and Robert primarily discuss eminent domain as well as the concept of shadow vacancy, the creation of the new permanent loan for the occupant, what the city gains from eminent domain, current market prices, the valuation model currently being used, where the losses go, and much more on this week's real estate radio show and podcast.

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Robert Hockett, Professor at Cornell Law School, Joins Bruce Norris on the Real Estate Radio Show #287

This week Bruce Norris is joined once again by Robert Hockett.  Robert teaches financial and business law subjects at Cornell Law School, where his research and writing focuses on the legal and institutional prerequisites to a just and prosperous economic order.  He is also a fellow at the Century Foundation, a commissioned offer for the New America Foundation and consultant to a number of financial institutions, regulators, and legislators.  Prior to entering legal academia, he worked at the International Monetary Fund and served as a judicial clerk for the Honorable Deanell Reece Tacha, Chief Judge of the U.S. Court of Appeals for the 10th Circuit.  He was educated at the University of Kansas, Oxford University, where he studied as a Rhodes scholar, and at Yale University.  Robert also authored a memorandum entitled It Takes a Village Municipal Condemnation Proceedings and Public/Private Partnerships for Mortgage Loan Modification Value Preservation and Economic Recovery.
Bruce and Robert primarily discuss eminent domain as well as the Hawaii Metcalf case from 1984, the Kilo case in the city of New London, the collective action problem Robert discusses in his memorandum, the specific type of loan eminent domain is being used on, and much more on this week's real estate radio show and podcast.
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Robert Hockett, Professor at Cornell Law School, Joins Bruce Norris on the Real Estate Radio Show #286

This week Bruce Norris is joined Robert Hockett.  Robert teaches financial and business law subjects at Cornell Law School, where his research and writing focuses on the legal and institutional prerequisites to a just and prosperous economic order.  He is also a fellow at the Century Foundation, a commissioned offer for the New America Foundation and consultant to a number of financial institutions, regulators, and legislators.  Prior to entering legal academia, he worked at the International Monetary Fund and served as a judicial clerk for the Honorable Deanell Reece Tacha, Chief Judge of the U.S. Court of Appeals for the 10th Circuit.  He was educated at the University of Kansas Oxford University, where he studied as a Rhodes scholar.  Robert also authored a memorandum entitled It Takes a Village Municipal Condemnation Proceedings and Public/Private Partnerships for Mortgage Loan Modification Value Preservation and Economic Recovery.
Bruce and Robert primarily discuss eminent domain and his recent report as well as what is happening in the market, especially in San Bernardino, as well as the controversial Kilo case on this week's real estate radio show and podcast.
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Mark Dowling, Steve Manos, and Paul Herrera of the Inland Valley Association of Realtors Join Bruce Norris on the Real Estate Radio Show #285

This week Bruce Norris is joined once again by Mark Dowling, Steve Manos, and Paul Herrera of the Inland Valley Association of Realtors. Mark serves as the Chief Executive Officer for the non-profit Inland Valley Association of Realtors, while Steve Manos is the current president and Paul Herrera the government affairs director
The primary focus of today's show is government eminent domain.  Bruce, Mark, Paul, and Steve discuss eminent domain in terms of the Cal Trans freeway expansion, the research on the city ordinance in Oakland, perverse incentives being created by government programs, the tax liability and legal ramifications from eminent domain, who owns the loan when eminent domain is successful, cram-downs and how it differs from eminent domain, and much, much more on this week's real estate radio show and podcast.
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