In a recent meeting with a Continental investment professional, myself and a Khaliji professional about some asset class developments, over coffee on the side (between 'real sessions'), discussion turned to the Continental's expat position - the person's recent arrival - and eventual living situation. The convo rather turned around condo prices and the Continental's choice to rent.

Despite the clear property bubble situation and the fact that said fellow did not expect to stay long-term in region, the Khaliji just could not fathom the concept of not buying property. Despite the in meeting talk about diversifying away from RE, etc. etc..

His real gut instinct is for RE, and rather clealry irrationally as certainly a short-term Expat (or one lacking future clarity) should definately not take on the risk of price deflation in overbought markets.

Had this been done by vid con or otherwise, such key insight into the Principal's real pyschology (rather than regurgitating "best practice" recordings) would have been missed.

Given, I would add, said person's actual positioning, I would highlight the gap between what's being pimped about new directions in investment by Khaliji oil capital, and the reality of underlying psychology.