Category: Infrastructure

Dissecting the cadaster: Part 2, What is forest, what is a house?

28 April, 2016 (09:16) | cadaster, Eminent domain, Escheat, Eurozone, Eviction, Greece, Homeownership, Housing, Infrastructure, Land, Law, Ownership, Regulation, Speculation, Title | No comments

[Continued from yesterday’s Part 1.]   By: David A. Smith     Yesterday’s Part 1 on Greece’s Sisyphean labors of creating a proper land cadaster, the better to privatize state-owned assets, revealed that despite what would ordinarily be presumed a massive head start, somehow Greece is failing to do what the wayward Albanians have virtually […]

Dissecting the cadaster: Part 1, Typically Greek, delayed

27 April, 2016 (09:56) | cadaster, Eminent domain, Escheat, Eurozone, Eviction, Greece, Homeownership, Housing, Infrastructure, Land, Law, Ownership, Regulation, Speculation, Title | No comments

By: David A. Smith   To understand what he thinks, you must understand how he is wired   While Europe’s chattering classes concern themselves with this year’s Euro-bad-boy (Britain) who might actually think itself sovereign and vote to leave the club, from their minds has faded the memory of last year’s bad boy (Greece), now […]

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 |

  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 |

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 […]