All posts tagged “recession

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Where are rates going?

Real estate is a highly levered asset class, which means that pricing is sensitive to interest rate changes. Larry Summers recently published a post on his blog where he argued that the Fed (US) is being far too complacent about their ability to respond effectively… Read More

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We’re driving again

For a number of years now, urbanists – including myself – have been thinking about “peak car.” And that’s because if you looked at vehicle miles traveled (VMT) in the United States since about 2007, the trend line was more or less flat.  This had… Read More

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Dublin 2007

In 2007, I spent the summer working in Dublin, Ireland for a boutique real estate consulting firm called Urban Capital. (For those of you who are from Toronto and know the industry, there’s no connection between the Urban Capital in Dublin and the Urban Capital… Read More