In real estate investing, displaced sales are the opposite of leakage. Essentially, displaced sales are purchases made far out of a consumer’s local economic area, even if that local economic area has comparable goods. Displaced sales are sales which come into a firm from outside. Leaked sales are sales which are not made inside a firm, even if that firm has comparable goods.
Ofer Abarbanel is a 25 year securities lending broker and expert who has advised many Israeli regulators, among them the Israel Tax Authority, with respect to stock loans, repurchase agreements and credit derivatives. Founder of TBIL.co STATX Fund.