On: Games people play with cash flow

[gwright]

True, but I don't think that lodging is "something that never goes on the market". In this example, the mortgage or rental payments for an equivalent property would be pretty straightforward to determine.

[thaumasiotes → gwright]

I disagree. Lodging goes on the market all the time, but its market value is highly specific. There is no equivalent property to compare the corporate housing to.

[gwright → thaumasiotes]

What do you mean? Housing appraisals are done all the time based on finding comparable homes.