Bloomberg recently published a good summary of Zillow’s business and their move into algorithm home buying and flipping. (They are trying to avoid the “flipping” moniker because of the negative connotations associated with it.) Zillow started buying homes directly from owners last spring. They charge… Read More
According to Amazon’s recent annual 10-K filing, the company leased and owned (most of their space is leased) about 288,419,000 square feet of space around the world at the end of 2018. Of this number, about 80% is used for “fulfillment, data centers, and other.”… Read More
Bloomberg Businessweek just published a longish article about Vancouver and the Chinese capital that fuels it. It’s called, The City That Had Too Much Money. Most of you are already familiar with this narrative, but here’s an excerpt that talks about the city’s economic base… Read More
Bloomberg is running a video series right now called Next Jobs. It is a look at the careers of the future. Episode four is about a vertical farmer named Katie Morich and a startup called Bowery Farming, which does this out of a nondescript building… Read More
Bloomberg Businessweek just published this article summarizing the impact that Bird and its electric scooters are having on Los Angeles. Here are a couple of highlights: – Bird launched a year ago and is, today, valued at around $2 billion. – The company has around… Read More
There are a number of affordable housing plans being thrown around in Toronto right now given that we have a municipal election coming up this fall. From what I have read, the plans are largely centered around surplus and/or available public land and possibly some… Read More
This morning I came across two news item that are interesting in their own right, but also have a noteworthy relationship. $AAPL now has a market cap that exceeds $1 trillion. And not surprisingly, everyone, from the New York Times to Bloomberg (photo essay), is talking… Read More
At the beginning of this year, Bloomberg published this article talking about how the vast majority of electric car drivers lease, rather than own, their cars. The stats are as follows: In the US, about 80% of electric battery vehicles and about 55% of plug-in… Read More
Bloomberg recently published this interesting piece talking about the death of clothing. The reasons are as follows: we’re spending more on experiences, as well as technology (tech spending surpassed apparel spending in 2010); casual dress in the workplace has become more widely accepted; fast fashion… Read More
I am not convinced that autonomous vehicles will make “location” irrelevant. But I do agree with the following line from this recent Bloomberg article called, A Driverless Future Threatens the Laws of Real Estate. “The link between property and transport has been perhaps the most durable in human… Read More
