I came across the Current state of appraisal industry/profession thread posted on an appraisal forum while browsing the Internets the other day. It reminded me of some of CC and nrschmid's infamous threads on the state of the planning profession. Understandably, the appraisal industry was one that was hit very bad with the housing market collapse, and received much scrutiny from regulators. The general consensus of the appraisers is that there is a permanent shift where the traditional bread and butter of the industry, appraising residential properties for banks to determine loan amounts, is being replaced in favor of computers and algorithms. Other areas, such as commercial real estate appraisal and niche specialties are becoming lucrative.
It's common belief here on Cyburbia that planning will eventually return to how things were pre recession. But I wonder if there has been a permanent paradigm shift currently underway, as the the appraisal and perhaps other professions are experiencing.
Or just my ramblings on a Saturday afternoon waiting for my team to take to the field.