The Cheapest College Real Estate Markets
Monday, December 04
The Cheapest College Real Estate MarketsOur business model targets traditional college towns where the city’s economy is stabilized by a large university. Our view is that the most interesting housing markets are located in cities that have a high student population, but also have other major emp...
Which City Will Win Amazon’s “HQ2” Contest?
Friday, September 15
Amazon just set off an Olympic style search for a city to host its new $5 billion headquarters. The company outlined what it’s looking for in an 8 page Request for Proposal that asked for qualified metropolitan areas to enter the competition for this project. Amazon wants: a metro area with more...
The Five Major Real Estate Crashes Since WWII
Monday, August 07
The Five Major Real Estate Crashes Since WWIIA financial crisis can come from many different sources, almost all of which involve a system or a government that borrowed more money than it could pay back. The news that some debts can’t be repaid is sometimes a surprise, but the aftermath is predic...
Pt. 4 : The Big Canadian Short - 2017 Canada vs. 2007 USA
Monday, August 07
Part 4: The Big Canadian ShortThe Canadian government is desperately trying to contain the housing boom and prevent the start of a financial collapse, but it’s nearly impossible to stop the market from doing what it does. When money is cheap—meaning, when interest rates are low—borrowing becomes ...
Pt. 3: Is Canada Different? - 2017 Canada vs. 2007 USA
Monday, August 07
Part 3: Is Canada Different?As you can see in the chart above, debt levels can change over time. Prices and incomes rise or fall, and debts are paid off over time (or defaulted). It’s the starting point that matters, and Canada’s markets are now climbing to historically high home prices and dange...
Pt. 2: Leverage in the System- 2017 Canada vs. 2007 USA
Monday, August 07
Part Two: Leverage in the System; USA vs CanadaExcessive leverage is one of the primary concerns that a market is in a precarious position, and leverage is directly tied to a market’s long-run volatility: by the way that leverage creates more extreme returns, housing markets that use more equity ...