I’ve always been a big fan of quiz shows. I started young, watching shows in the 1960’s like Jeopardy (with its original host, Art Fleming), Concentration and The $64,000 Pyramid.

I had a near photographic memory when I was younger (the years since have not been so kind; perhaps my brain has filled up with too many contracts, acquisition pro formas and spreadsheets). I was so good at Concentration that I auditioned for the show in Los Angeles when I was in law school and passed the qualification test; unfortunately, I never got the call up for the show. Alas, my Hollywood career was not meant to be. My screen test for Jeopardy did not go as well. I knew when the first two categories out of the box were “Disney Characters” (pre-kids at the time) and “15^th Century Philosophers” that I was not destined to make it onto the small screen.

It’s the end of summer. Before we start hitting the books (and our deal networks) hard again after Labor Day, I thought a few interesting real estate and financial factoids would be a welcome distraction for our readers. And there is a bonus! For any of you who let me know that you got all 15 questions right (no, you cannot call a friend or Google the answers!!), I’ll put you in the drawing for two tickets to your choice of a Padres, Nuggets or Avalanche game this fall.

So, readers: Let’s Make a Deal!

Question No. 1:
What city has the most apartment units being delivered in 2024?

A. Houston
B. Atlanta
C. New York
D. Dallas

Question No. 2:
How many governors are on the Board of the Federal Reserve System?

A. 8
B. 14
C. 22
D. 7

Question No. 3:
What was the rate of inflation in 2019?

A. 2.73%
B. 1.81%
C. 1.26%
D. 3.09%

Question No. 4:
As of March 31, 2024, how many banks are there in the U.S.?

A. 4,577
B. 10,632
C. 8,793
D. 6,162

Question No. 5:
Who is the largest apartment owner in the U.S.?

A. Equity Residential
B. Avalon Bay
C. Greystar
D. Pathfinder Partners

Question No. 6:
What is the average rent of a 2-bedroom apartment in San Diego County?

A. $3,254
B. $2,286
C. $2,479
D. $1,965

Question No. 7:
What was the average price of a single-family home in the U.S. in 2023?

A. $495,100
B. $326,400
C. $538,900
D. $362,800

Question No. 8:
What country has the highest rate of homeownership?

A. Norway
B. Canada
C. Romania
D. Germany

Question No. 9:
What state has the highest rate of homeownership?

A. Rhode Island
B. Maine
C. Wyoming
D. West Virginia

Question No. 10:
According to Moody’s Analytics, what is the current office vacancy rate across the U.S.?

A. 16.8%
B. 20.1%
C. 14.2%
D. 23.7%

Question No. 11:
According to Bankrate, what was the average 30-year mortgage rate in 1981?

A. 13.47%
B. 16.63%
C. 10.91%
D. 20.18%

Question No. 12:
What was the lowest prime rate in the history of the U.S.:

A. 0.00%
B. 2.75%
C. 1.50%
D. 3.25%

Question No. 13:
What is the current percentage of renters in the U.S.?

A. 34%
B. 38%
C. 42%
D. 46%

Question No. 14:
What city has the cheapest apartment rents in the U.S.?

A. Wichita, Kansas
B. El Paso, Texas
C. Toledo, Ohio
D. Omaha, Nebraska

Question No. 15:
In what city will the 2032 Summer Olympics be held?

A. Barcelona
B. Brisbane
C. Berlin
D. Buenos Aires

Good luck everyone! I’ll report on any perfect score participants in the fall. Enjoy the cooler temps, the autumn leaves and a little bit of football.

Lorne Polger is Senior Managing Director of Pathfinder Partners. Prior to co-founding Pathfinder in 2006, Lorne was a partner with a leading San Diego law firm, where he headed the Real Estate, Land Use and Environmental Law group. He can be reached at lpolger@pathfinderfunds.com.