Here is an interesting article from the Financial Times talking about the quiet move of people and companies from Hong Kong to Singapore. I say quiet, because apparently Hong Kong-based companies are reluctant to overtly signal that they are setting up offices and moving some… Read More
We know that educational attainment is probably the single biggest determinant of urban economic success. If you’re hoping to predict average household incomes, looking at the percentage of the population with a 4-year college degree is a pretty good place to start. But let’s take… Read More
Richard Voith and Jing Liu of Philadelphia-based Econsult, along with a bunch of other smart coauthors, have just published a working paper looking at the effects of the Low-Income Housing Tax Credit (LIHTC) on home prices. More specifically, they looked at the impact that LIHTC-financed… Read More
Here is an interesting look at the economic geography of the recent US election. Similar to what they did for the last presidential election, Brookings has just analyzed each candidate’s aggregate share of US GDP broken down by the counties that they won. That’s what… Read More
Michael Bohmeyer is the founder of a Berlin-based startup called “Mein Grundeinkommen” or “My Basic Income.” In the six years since he first asked for donations, his company has given more than 650 people a no strings attached stipend of 1,000 euros a month for… Read More
UBS and PwC’s recent report on billionaire wealth highlights some interesting trends about the global economy and global wealth. Billionaire wealth in mainland China is now second to only the United States, having grown by about 1146% from 2009 to 2020, compared to 170% in… Read More
Here’s some data from the Pew Research Center looking at the percentage of young people (18- to 29-year olds) in the US that live with at least one parent. It it based on an analysis of monthly Census Bureau data and is obviously interesting/relevant given… Read More
Population growth — so, immigration — is a crucial demand driver for the real estate industry, and for the growth of the overall Canadian economy. Last year, Canadian immigration averaged about 28,400 people per month, according to a recent equity research report (on the apartment… Read More
This has become a frequently reported topic, but here’s a recent article from Wired talking about tech workers living out the American Dream — in Canada. The story is pretty simple. Immigrants are smart and work hard. Canada has a system in place that privileges… Read More
Recent job posting data from Indeed has revealed a bit of a paradox. The metro areas where more people are able to work from home — i.e. tech hubs and finance centers — have experienced larger job posting declines compared to all other US metros,… Read More
