View on TikTok, here.
Monthly archives of “January 2023”
What is the correlation between urban density and housing affordability?
There’s lots of data out there to suggest that there is a correlation between urban density and housing unaffordability. Take Hong Kong. It is very dense, and also one of the most expensive housing markets in the world. But I think the real question is:… Read More
Schwarzenegger’s real estate career
I grew up watching Arnold Schwarzenegger movies, and I have always found him to be a super impressive guy. Bodybuilding, movies, and politics — he always seems to have the discipline and the confidence to accomplish his goals. But what some of you may not… Read More
Multiple on land cost
Following yesterday’s post about the most expensive home in Brooklyn’s Dumbo, Jed Bryne of Oak City CRE fame shot me a note asking about the typical land multiple that developers need in Canada in order to make a project feasible. In other words, if your… Read More
The most expensive home in Brooklyn’s Dumbo neighborhood
The most expensive home in Brooklyn’s Dumbo neighborhood is currently under contract and is expected to close in the next few months (at least according to the WSJ). It is a 4,270 square-foot penthouse, with a 500 square-foot terrace, that occupies the full top floor… Read More
Global electric vehicle adoption
This is the current state of global electric vehicle adoption: It is obvious where all of this is heading. It is simply a question of how fast, and who will be the leaders at the end of the day. All data sourced from the WSJ
Canadian complacency
The founder and Editor-in-Chief of Monocle Magazine, Tyler Brûle, recently had a nice trip to Ottawa: If you’ve never been to Ottawa, don’t bother. Of all the G7 capitals, it’s one that hardly conjures up much in the way of attractive images. Don’t believe me?… Read More
Most of Europe is getting denser
Here is an interesting set of maps (from this study) showing density trends, population trends, and residential area trends (i.e. sprawl), across Europe between 2006-2012 and 2012-2018: The key takeaway is that, broadly speaking, there is — or at least there was five years ago… Read More
The 12 best design districts around the world
Architectural Digest has just published the perfect article for gratuitous self-promotion. It is a list of “the 12 best design districts around the world”, and it includes The Junction, here in Toronto: Located in a tree-lined historic area of the city, The Junction gets its… Read More
Immigration to Canada is back
According to the Globe and Mail, Canada’s census metropolitan areas (or city regions) grew by about 574,000 people for the year ending July 1, 2022. This is the highest number on record (or at least since Statistics Canada started tracking this figure in 2001), which… Read More