Adam Purkey | Membership Engagement Manager
RHAWA is proud to present the 2018 Economic Forecast Summit on February 21st. We are very excited to hear from our keynote speaker, Windermere’s Chief Economist Matthew Gardner! Washington’s rental market is unique among others in the country, and gaining insight to those factors from a seasoned expert is a unique opportunity. Whether you’re wanting to find out more about how to set your rental rates, when to buy or sell property, or what changes you can expect over the next several years; we’ve got you covered.
Investing, particularly in this industry, is all about delayed gratification. The concept is pretty simple. We all have wants and needs. Sometimes we need to fulfill those now and sometimes it's better if we wait to fulfill those needs. Psych majors will remember the Stanford Marshmallow study in the 1960s. They studied a group of children and offered them 1 Marshmallow right then or they could wait 20 minutes and have 2 marshmallows. About 25% of the children chose to wait for the 2nd treat. The researcher in charge decided to track the children that chose to wait and the kids who waited for the 2nd treat did better in almost every aspect of their life. They performed better academically and had better overall health. They were also better able to deal with stressful circumstances and were more socially adept.