SS127: What is Functional Obsolescence in Real Estate

Welcome to Strategy Saturday; I’m Charles Carillo and today we’re going to be discussing What is Functional Obsolescence in Real Estate.

The term functional obsolescence can be attributed to many different industries and products. Usually referring to an item that was previously useful but, now has been replaced by newer, better, technology. In this episode, Charles discusses functional obsolescence as it pertains to real estate; what it is, and why it is important to be aware of.

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