Influence: Golfing, social relationships and lower prices for land
Your Money with Michelle Martin · MONEY FM 89.3
January 21, 20208m 9s
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Show Notes
Millions in lost revenue, spillover effects for neighbourhoods. We look at a NUS Business School study that found that the sale prices of new residential units are about 8% lower when senior executives of real estate development firms have informal exchanges while golfing with NUS Professor Sumit Agarwal, Low Tuck Kwong Distinguished Professor and the study's co-author.
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