Category: Capital

Where the money goes, the people will follow: Part 3, Not in China’s operating system

23 September, 2014 (10:00) | Capital, China, Emigration, Exports, Global news, Housing, Imports, Markets, Schools, Speculation | No comments

[Continued from yesterday's Part 2 and the preceding Part 1.] By: David A. Smith As so happens when I write about China, the process of laboriously sorting through my thinking means the posts expand, and my post about Chinese emigration, using as a source an article from the Wall Street Journal (August 15, 2014), brought […]

Where the money goes, the people will follow: Part 2, Breathing freely is a basic requirement

22 September, 2014 (09:00) | Capital, China, Emigration, Exports, Global news, Housing, Imports, Markets, Schools, Speculation | No comments

[Continued from Friday's Part 1.] By: David A. Smith Capital, whether economic of human, is a continuous referendum on government’s effectiveness – a referendum that government does not schedule but nevertheless must observe – and as we saw in yesterday’s post, using an article from the Wall Street Journal (August 15, 2014), China’s entrepreneurial classes are […]

Where the money goes, the people will follow: Part 1, 64% of China’s rich

19 September, 2014 (09:00) | Capital, China, Emigration, Exports, Global news, Housing, Imports, Markets, Schools, Speculation | No comments

By: David A. Smith Up until now, my posts puzzling out China’s affordable housing have focused on its urban challenges, and whether the Chinese can make new cities that people want to live in without destroying the formerly-rural middle class by culturally and economically impoverishing them in totalitarian-style housing blocks.  Foolish me, I overlooked the […]

The ‘I don’t like you’ tax

6 March, 2013 (14:32) | Appraisals, Capital, China, Global news, Hong Kong, Local issues, Ownership, Real estate taxes, Rental, Singapore, Speculation, Valuation |

By:David A. Smith   For the most full-on Monet of reasons (“from far away, it’s okay, but up close it’s a big old mess”), Signapore has imposed a hefty surtax on foreigners buying residential property in their thriving city state.  As reported in the Wall Street Journal (January 29, 2013):   Singapore’s Housing Tax Hits […]

Moving jobs to housing

4 October, 2012 (14:12) | Capital, Homeownership, Housing, Innovations, Markets, Networks, Speculation, Technology, US News |

By:David A. Smith   Which is easier to relocate, a job or a home?    The joke is told of the economist with one foot in a bucket of boiling water, the other in a bucket of ice: “On average, I’m doing fine.”   At the moment, I’m doing fine   That question came up […]