MAC 14.01, how much would it cost to replicate their biz model now?... https://www.macerich.com/Leasing 50 million square feet of property... 46 market dominant properties... Copper, lumber, and all building materials are at or near record highs now... Real estate prices are very high... Company direction and results aren't the only ways to assess value... How much money would it take to just start fresh today and try to beat the MAC future results?... My own guess, and only a guess, is that cost would make the current share price look extremely cheap... Hey, you can even run their biz model without any virtual currencies needed... Old school can still work... So we watch...LJ