Category: Housing

House and country? Part 2, Burrowing

4 September, 2015 (10:00) | Apartments, Capital, Countries, Development, Economics, Global news, Historic preservation, Homeownership, Housing, Investment, London, Nations, Security, Speculation, Zoning | No comments

[Continued from yesterday’s Part 1.] By: David A. Smith I believe we shall come to care about people less and less. The more people one knows the easier it becomes to replace them. It’s one of the curses of London. E. M. Forster  As we saw yesterday when mining a New Yorker (1 June 2015) […]

House and country? Part 1, Mystery

3 September, 2015 (09:50) | Apartments, Capital, Countries, Development, Economics, Global news, Historic preservation, Homeownership, Housing, Investment, London, Nations, Security, Speculation, Zoning | No comments

By: David A. Smith London is to the billionaire as the jungles of Sumatra are to the orangutan. – London mayor Boris Johnson The story of a house is the story of time, and changing fortunes of people, places, cities and nations.  Though a country can be no smaller than a single demesne, a house […]

Double-entry urbanization: Part 3, 1J = 1A + 1C

26 August, 2015 (10:00) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | No comments

  By: David A. Smith [Continued from yesterday’s Part 2 and the preceding Part 1.] Any object, wholly or partially immersed in a fluid, is buoyed up by a force equal to the weight of the fluid displaced by the object.  – Archimedes’ principle of buoyancy Urban displacement is inevitable While Philip Oltermann, Anglo-German correspondent […]

Double-entry urbanization: Part 2, DPV = DI + DM = DE = DC

25 August, 2015 (10:00) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | No comments

By: David A. Smith [Continued from yesterday’s Part 1] For every action, there is an equal and opposite reaction. – Newton’s Third Law of Mechanics It used to be so cheap to live in London – not any more As we saw yesterday, the first law of urbanization and economics proves that when a city […]

Double-entry urbanization: Part 1, RC = RE = RI + RR = RPV

24 August, 2015 (11:15) | Affordability, Apartments, Berlin, Cities, Economic development, Homeownership, Housing, Infrastructure, Land value, Markets, Rental, Supply and demand, Urbanization | 1 comment

By: David A. Smith A = L + OE – The fundamental accounting equation As first documented in 1494 by Frater Luca Bartolomes Pacioli The father of accounting, or so they say Nothing in the universe acts without impact; all actions have consequences; and all changes to one side of the ledger likewise impact the […]