Developing Affordable Housing Ecosystems World Wide
By:David A. Smith A whistling kettle not only keeps the pot from exploding, it tells you the water’s boiling; it’s both a release valve and a signal. And in China’s economy, as shown in this Wall Street Journal (October 15, 2012) article, the economic tea kettle is whistling loudly: Capital pressure’s on the [...]
By:David A. Smith If you’re a member of the globe’s mobile economic elite with capital to park, where do you put it? Safe enough, but a bit too isolated? These days you’ve got a lot on your mind: currency fluctuations (and possible currency fractures), unstable economies, a global slowdown reaching epic [...]
[Continued from yesterday's Part 1.] By:David A. Smith Countess: Tell me thy reason why thou wilt marry. Clown: My poor body, madam, requires it: I am driven on by the flesh; and he must needs go that the devil drives. – All’s Well That Ends Well, 1601 Yesterday we saw, via a [...]
By:David A. Smith Needs must when the devil drives. – Old English proverb When an enterprise is unsustainable, it goes bankrupt, and in that process settles its obligations for pennies on the dollar, because it has no choice. That is as true for a nationor a city as it for a business, and [...]
By:David A. Smith Tempting as it is to believe that the third owner always makes money in real estate, I question whether the business identified by this Wall Street Journal article is really a trend, or just a set of special-case exceptions: Lower the price enough and we’ll rake the leaves? Big [...]
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