Jimmy Williams - Modeling, Technology and the Housing Crisis

Jimmy’s background. 0:01Introduction to Jimmy WilliamsJimmy's background and background in real estate valuation.Land impacts everything.The value of land. 4:07Land 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. 7:03Philadelphia 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. 11:01The 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. 14:18Housing shortage in the us.Philly is changing to accommodate the housing shortage.What do you see for housing in philadelphia? 16:13The 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. 21:00The evolution of the mass appraisal division in philadelphia.How shante got started in the profession.Opportunities in the valuation technology and explainability. 23:15The 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. 27:09Everything 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.