
I’m on a flight right now reading the latest issue of Monocle Magazine in a seat that barely accommodates the length of my femur. This month’s issue has their annual ranking of the top 25 cities in the world.
Munich is first, which is not unusual for their ranking methodology. It generally scores well. Quality of life is high. Crime is low. The economy is strong. Beer gardens are fun. And you’re close to the Alps for snowboarding.
One stat that caught my attention — and it’s not included for all of the cities — is the number of homes built in the past year. Presumably this is all housing units in the metro area — for sale, for rent, subsidized and so on.
Here are their (clearly rounded) numbers. The order is as they appeared in the ranking, but again, not ever city included this stat.
Munich: 8,300
Tokyo: 150,000
Copenhagen: 5,000
Berlin: 11,000
Madrid: 1,600
Hamburg: 7,000
Melbourne: 5,100
Helsinki 4,400
Stockholm: 7,000 (18,000 in Greater Stockholm)
Sydney: 39,000
Hong Kong 17,000
Vancouver 22,600
Amsterdam 5,100
Kyoto 8,900
Dusseldorf 2,600
Barcelona 1,000
Some of these numbers appear to stand out, such as the counts for Tokyo, Sydney and maybe Vancouver. But it’s hard to draw any conclusions around housing supply and housing affordability.
Melbourne and Amsterdam allegedly have the same number of homes built over the past year, but according to Monocle the metro areas of Melbourne and Amsterdam have populations of 4.85 million and 2.4 million, respectively. This also says nothing about their growth rates.
So which one is doing a better job of addressing housing demand? I’m not sure.
But it was still interesting to see that Tokyo delivers somewhere around 150,000 homes a year. Tokyo is somewhat unique globally in that it’s a big city — one of the biggest — that somehow manages to gracefully balance both scale and quality of life.
Photo by Elias Keilhauer on Unsplash
The 2018 Winter Olympics start this Friday, February 9 in PyeongChang, South Korea. Unlike the past couple of winter games, which struggled with warm temperatures, this should be a cold one.
The Winter Olympics tend to be less popular than the Summer Olympics, with fewer athletes and countries participating. 207 countries participated in the 2016 Summer Olympics in Rio de Janeiro, but only 88 countries participated in the 2014 Winter Olympics in Sochi. A big part of this has to do with the fact that winter sports generally require winter and snow and not every country has those things.
I like the Winter Olympics. And perhaps not surprisingly, my favorite sport is snowboarding. This year I’m really rooting for Canadian snowboarder Mark McMorris. If you don’t know who Mark is, watch this short video. He has had a tough time over the years with a number of serious injuries, but he managed to bounce back and qualify for the Olympics. He won bronze in Sochi and is hungry for gold.
The Olympics are always a good reminder that if you want to be the best, you’re going to have to be prepared to work beyond hard and make many many sacrifices in your life. And even then, there are absolutely no guarantees.
So what’s your favorite Olympic winter sport?
Delta: “Final destination today?”
Me: “Jackson.”
Delta: “Ooohh, everyone is going to Jackson today!”
Me: “That’s because they’ve been getting a lot of snow.”
It’s that time of year again. I’m at the airport right now about to leave for my annual retreat to the mountains.
If you know me or you’re a regular reader of this blog, you’ll know that I’ve been doing this every year at roughly the same time for almost a decade. Next year will be our 10th “annual”, so that likely means we’ll have to ratchet things up a bit.
Jackson Hole received 6″ of fresh powder last night and the weather forecast for this week is filled with even more snow. However, I think we may stay off Corbet’s Couloir. (Whatever you do, don’t click-through.)
Regular scheduled programming will resume tomorrow. If you need to reach me, you know how. There never seems to be a good time to be out of the office, but traditions are traditions, right?

I’m on a flight right now reading the latest issue of Monocle Magazine in a seat that barely accommodates the length of my femur. This month’s issue has their annual ranking of the top 25 cities in the world.
Munich is first, which is not unusual for their ranking methodology. It generally scores well. Quality of life is high. Crime is low. The economy is strong. Beer gardens are fun. And you’re close to the Alps for snowboarding.
One stat that caught my attention — and it’s not included for all of the cities — is the number of homes built in the past year. Presumably this is all housing units in the metro area — for sale, for rent, subsidized and so on.
Here are their (clearly rounded) numbers. The order is as they appeared in the ranking, but again, not ever city included this stat.
Munich: 8,300
Tokyo: 150,000
Copenhagen: 5,000
Berlin: 11,000
Madrid: 1,600
Hamburg: 7,000
Melbourne: 5,100
Helsinki 4,400
Stockholm: 7,000 (18,000 in Greater Stockholm)
Sydney: 39,000
Hong Kong 17,000
Vancouver 22,600
Amsterdam 5,100
Kyoto 8,900
Dusseldorf 2,600
Barcelona 1,000
Some of these numbers appear to stand out, such as the counts for Tokyo, Sydney and maybe Vancouver. But it’s hard to draw any conclusions around housing supply and housing affordability.
Melbourne and Amsterdam allegedly have the same number of homes built over the past year, but according to Monocle the metro areas of Melbourne and Amsterdam have populations of 4.85 million and 2.4 million, respectively. This also says nothing about their growth rates.
So which one is doing a better job of addressing housing demand? I’m not sure.
But it was still interesting to see that Tokyo delivers somewhere around 150,000 homes a year. Tokyo is somewhat unique globally in that it’s a big city — one of the biggest — that somehow manages to gracefully balance both scale and quality of life.
Photo by Elias Keilhauer on Unsplash
The 2018 Winter Olympics start this Friday, February 9 in PyeongChang, South Korea. Unlike the past couple of winter games, which struggled with warm temperatures, this should be a cold one.
The Winter Olympics tend to be less popular than the Summer Olympics, with fewer athletes and countries participating. 207 countries participated in the 2016 Summer Olympics in Rio de Janeiro, but only 88 countries participated in the 2014 Winter Olympics in Sochi. A big part of this has to do with the fact that winter sports generally require winter and snow and not every country has those things.
I like the Winter Olympics. And perhaps not surprisingly, my favorite sport is snowboarding. This year I’m really rooting for Canadian snowboarder Mark McMorris. If you don’t know who Mark is, watch this short video. He has had a tough time over the years with a number of serious injuries, but he managed to bounce back and qualify for the Olympics. He won bronze in Sochi and is hungry for gold.
The Olympics are always a good reminder that if you want to be the best, you’re going to have to be prepared to work beyond hard and make many many sacrifices in your life. And even then, there are absolutely no guarantees.
So what’s your favorite Olympic winter sport?
Delta: “Final destination today?”
Me: “Jackson.”
Delta: “Ooohh, everyone is going to Jackson today!”
Me: “That’s because they’ve been getting a lot of snow.”
It’s that time of year again. I’m at the airport right now about to leave for my annual retreat to the mountains.
If you know me or you’re a regular reader of this blog, you’ll know that I’ve been doing this every year at roughly the same time for almost a decade. Next year will be our 10th “annual”, so that likely means we’ll have to ratchet things up a bit.
Jackson Hole received 6″ of fresh powder last night and the weather forecast for this week is filled with even more snow. However, I think we may stay off Corbet’s Couloir. (Whatever you do, don’t click-through.)
Regular scheduled programming will resume tomorrow. If you need to reach me, you know how. There never seems to be a good time to be out of the office, but traditions are traditions, right?
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