Steve Aoki was in Toronto today for a collaboration with Saks Fifth Avenue – namely the launch of his fall/winter Dim Mak Collection.
The after party was at Junction House (the pre-development version). Here is a photo:
I actually wasn’t there (because I’m fighting off some sort of cold), but a friend sent me this photo.
It’s such a great space for events and production. It used to be an artist studio, but they moved out because they outgrew the space.
If you have a need for a large warehouse space, you can actually rent it by visiting here.
CIBC World Markets recently published this report by Benjamin Tal talking about the Toronto and Vancouver housing markets. Here is an excerpt:
“But when the fog clears it will become evident that the long-term trajectory of the market will show even tighter conditions. The supply issues facing centres such as Toronto and Vancouver will worsen and demand is routinely understated. Short of a significant change in housing policies and preferences, there is nothing in the pipeline to alleviate the pressure.”
It’s a good read. Worth your time.
One stat that stood out and directly relates to some of the topics that we frequently talk about on this blog is the shift in Toronto from low-rise to high-rise housing.
In the report there’s a chart showing the “change in [housing unit] completions” in 2016 as compared to 2000. The switch from low-rise to high-rise is almost 1:1 in Toronto. In other words, we substituted high-rise housing for low-rise housing.
I think this speaks volumes about the fundamentals underpinning the Toronto condo/apartment market. We are continuing to build up because it is the future of housing in this city.
Steve Aoki was in Toronto today for a collaboration with Saks Fifth Avenue – namely the launch of his fall/winter Dim Mak Collection.
The after party was at Junction House (the pre-development version). Here is a photo:
I actually wasn’t there (because I’m fighting off some sort of cold), but a friend sent me this photo.
It’s such a great space for events and production. It used to be an artist studio, but they moved out because they outgrew the space.
If you have a need for a large warehouse space, you can actually rent it by visiting here.
CIBC World Markets recently published this report by Benjamin Tal talking about the Toronto and Vancouver housing markets. Here is an excerpt:
“But when the fog clears it will become evident that the long-term trajectory of the market will show even tighter conditions. The supply issues facing centres such as Toronto and Vancouver will worsen and demand is routinely understated. Short of a significant change in housing policies and preferences, there is nothing in the pipeline to alleviate the pressure.”
It’s a good read. Worth your time.
One stat that stood out and directly relates to some of the topics that we frequently talk about on this blog is the shift in Toronto from low-rise to high-rise housing.
In the report there’s a chart showing the “change in [housing unit] completions” in 2016 as compared to 2000. The switch from low-rise to high-rise is almost 1:1 in Toronto. In other words, we substituted high-rise housing for low-rise housing.
I think this speaks volumes about the fundamentals underpinning the Toronto condo/apartment market. We are continuing to build up because it is the future of housing in this city.
Bob Lutz is a former vice chairman and head of product development at General Motors. Recently, he had this to say about the future of the auto industry.
Here are a couple of powerful snippets:
It saddens me to say it, but we are approaching the end of the automotive era.
The auto industry is on an accelerating change curve. For hundreds of years, the horse was the prime mover of humans and for the past 120 years it has been the automobile.
Now we are approaching the end of the line for the automobile because travel will be in standardized modules.
Everyone will have five years to get their car off the road or sell it for scrap or trade it on a module.
Bob is 85 years old. This is somebody who spent his entire life in the auto industry telling us that the old model is now done.
It reinforces something that I wrote about here, where the “end of the automotive era” was pegged at around 2021.
And it is part of the mental model that I have started relying on today for decision making.
Photo by Alessio Lin on Unsplash
Bob Lutz is a former vice chairman and head of product development at General Motors. Recently, he had this to say about the future of the auto industry.
Here are a couple of powerful snippets:
It saddens me to say it, but we are approaching the end of the automotive era.
The auto industry is on an accelerating change curve. For hundreds of years, the horse was the prime mover of humans and for the past 120 years it has been the automobile.
Now we are approaching the end of the line for the automobile because travel will be in standardized modules.
Everyone will have five years to get their car off the road or sell it for scrap or trade it on a module.
Bob is 85 years old. This is somebody who spent his entire life in the auto industry telling us that the old model is now done.
It reinforces something that I wrote about here, where the “end of the automotive era” was pegged at around 2021.
And it is part of the mental model that I have started relying on today for decision making.
Photo by Alessio Lin on Unsplash
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