This is not all that surprising: It is not surprising for at least two reasons: We knew that central banks would tighten the money supply at some point and that it would have a negative impact on asset prices. Many of us believed that a… Read More
This evening, when I was reading the internet, I came across this New York Times article from 2017 talking about how San Francisco has the lowest percentage of children of any of the largest cities in the U.S. It’s around 13% of the population. (Supposedly… Read More
In the comments of my recent post about Manhattan real estate prices during the Great Depression, a regular reader of this blog shared this terrific blog post (and corresponding research paper by Piet Eichholtz) about house prices along the Herengracht canal in Amsterdam from 1628 to… Read More
I was searching around trying to find data on long-term real estate prices and I came across a paper by Tom Nicholas and Anna Scherbina called, Real Estate Prices During the Roaring Twenties and the Great Depression. Here are some stats about Manhattan real estate… Read More
The Economist recently published the following chart alongside this article talking about the impact of foreign buyers on global house prices. They also have this set of interactive graphs that allows you to chart prices according to a number of different measures. The two metrics… Read More
What happens when wages and real estate prices become too high in a city? Companies start growing in lower cost locations. We’ve all seen this before. Fred Wilson recently blogged about this “spillover effect”, citing a New York Times article talking about the growth of tech offices… Read More
Every year for the last decade, Knight Frank has published something called The Wealth Report. I’ve written about it before, but it’s basically a look at “prime property” and global wealth. As part of the report, they have something called the PIRI 100. It’s their “Prime… Read More
Zillow.com recently published some research where they looked at U.S. home prices broken down according to location: urban, suburban, and rural. Here’s what they found: As you can see, urban homes across the U.S. largely trailed their suburban counterparts in terms of absolute value up… Read More
Whenever you’re starting to feel like real estate prices in your city are getting out of hand, just turn your attention to New York. It’ll make you feel better. The New York Times published an interactive overview of the Manhattan real estate market today. It… Read More
BRANDON DONNELLY 