Daily Databite: Old people lie and good news from CMBS

I love old people, but they lie about their age. Them's the facts.

Good morning from Las Vegas. I’m at Blueprint. It’s fun. If you like real estate and start ups, well, it’s a good place to be.

It’s also 9/11. I remember where I was, and you should too (or ask someone who can), if only for a moment.

Now, on to the show.

Daily Databite

Old people josh

It’s not really property themed, but it’s pretty fun. You know how there are some parts of the world that have an unusually high number of very old people? And they usually have some secret to their longevity in their diet or daily routine?

It turns out their secret was just fudging their actual birthdate.

Look at what happens to the number of Supercentenarians (100 yos) when mandatory birth certificate recording is introduced (via Marginal Revolution):

Old folks forgetting their birthdays

An 80% drop overall and 70% drop per capita. Amazing.

I’ve gotten the day of my birthday wrong (true story), but not the year. Point is the old folks didn’t make a mistake. They’re just putting us on.

CMBS Getting Worse Bet…