Category: Global news

Month in Review: December 2009: Part 2, micro matters

2 February, 2010 (11:48) | Banking, Cities, Configuration, Consulting, Global news, Speculation, Tenure, Theory | No comments

By: David A. Smith
 
[Continued from yesterday's Part 1.]
 
Continuing the recap of December’s post, during December we looked globally (Dubai’s shadow bankruptcy) and locally (New York City’s public toilets).  Gotham City, the cradle of American apartments, also served as the setting for an Experiment in urban micro-living: Part 1, the pluses, and Part 2, the minuses:
 
It’s [...]

Month in Review: December 2009: Part 1, macro markets

1 February, 2010 (12:05) | Banking, Cities, Configuration, Consulting, Global news, Speculation, Tenure, Theory | No comments

By: David A. Smith
 
[Previous Months In Review available here: Nov 09, Oct 09, Sep 09, Aug 09, Jul 09, Jun 09, May 09, Apr 09, Mar 09, Feb 09, Jan 09.]
 
When the history of our global credit crunch is written, the last two weeks in December will be seen as an outbreak – the Patient [...]

Burying treasure

15 January, 2010 (11:31) | Global news, Kenya, Land Value, Markets, Nairobi, Piracy, Somalia, Speculation, Theory, Urbanization | No comments

By: David A. Smith
 
Pirates have a real estate problem and a capital problem. 
 

We’ve got the capital, now we need the real estate!
 
Like highwaymen (land pirates) and kidnappers (wilderness pirates), for their business they need a work environment of vast uncharted spaces and complete lawlessness – for which the high seas often serve admirably. 
 

We’re [...]

The biggest invisible stories of the decade: Part 7, effects not yet visible

13 January, 2010 (11:59) | Capital markets, Decade, Essential posts, Global news, Innovations, Regulation, Theory, US News | No comments

By: David A. Smith
 
 [Continued from yesterday’s Part 6 and the preceding and Part 1,  Part 2, Part 3, Part 4, and Part 5]
 
As 2009 opened, virtually the entire credit-crunch tidal wave had sloshed through the financial markets. 
 

At least we’re still here
 
Single-family home prices appeared to be bottoming, albeit at lower levels and with much [...]

The biggest invisible stories of the decade: Part 6, rule changes with the game in progress

12 January, 2010 (11:17) | Capital markets, Decade, Essential posts, Global news, Innovations, Regulation, Theory, US News | No comments

By: David A. Smith
 
[Continued from yesterday’s Part 5 and the preceding and Part 1,  Part 2, Part 3, and Part 4]
 
During 2007 and 2008, what we thought merely a sector-restricted problem became a full-blown crisis.
 

That water costs money, you know
 

This is a major, seven-part post, best read in order.
 
If you’ve just arrived, we recommend [...]