Category: Demand

In a phrase, slow supply asphyxiation

27 December, 2016 (09:00) | Apartments, Boojum, Demand, Housing, Markets, Ownership, rentals, Speculation, Supply, US News, Zoning, zoning-by-taste-police |

  By: David A. Smith   When water doesn’t flow downhill, we may reliably infer the existence of a catchment even if we can’t see it.  When markets don’t respond to sustained economic pressure, we may reliably infer the existence of barriers.    A while back, I caught a Wall Street Journal squib (December 16, […]

Faith, home, and elderly charity

14 May, 2012 (11:23) | Apartments, Charities, China, Demand, Demographics, Economics, Elderly, Faith-based organizations, Global news, Housing, Production, Tenure |

By:David A. Smith   As China ages at warp speed, old notions of intergenerational family structure are giving way to economic pragmatism, and as shown in a recent article from the Economist (April 21, 2012), that is creating intriguing business opportunities that might just change the political ecosystem:   Social problem or housing opportunity?   […]

Old before rich? Part 2, too late rich

3 May, 2012 (10:43) | Apartments, China, Demand, Demographics, Economics, Global news, Housing, Policy, Production, Speculation |

By:David A. Smith   [Continued from yesterday’s Part 1.]   Too soon old; too late smart. – Gordon Livingston   In yesterday’s Part 1, using as source text a quantitative and frightening demographic projection presented in the Economist, we saw that China’s population is aging at an unprecedented and virtually unimaginable rate, as a result […]

Old before rich? Part 1, too soon old

2 May, 2012 (09:29) | Apartments, China, Demand, Demographics, Economics, Global news, Housing, Policy, Production, Speculation |

By:David A. Smith   If youth knew; if age could. – Sigmund Freud   Things get bad when a society’s net economic consumers outnumber its net economic producers, for then living standards have to drop – and that’s the problem facing China’s economy, China’s housing requirements, even as the nation rushes up the economic and […]

Market flexing

5 July, 2011 (11:39) | Apartments, Cities, Condominiums, Demand, Markets, Miami, Rental, US News |

By:David A. Smith    If you build it, they will rent.     What do you think, Rico, time to buy?   It may not be at the price justifying the construction cost; it may not make the original investment decision a wise one.  But they will rent, at a market-clearing price, and as revealed […]