Last month we talked about green energy and ways to keep some “green” in your pocket. This month, there is a different kind of “green.” One that is transforming our real estate world, and one that you should be aware of. Continue reading →
This week I was down in Seattle looking at property for investors. I know we’ve all seen them: the cranes. The cranes downtown seem to keep working on more and more apartments, condos, and mixed use developments. Those cranes have been around so long, you may not even notice them anymore.
It looks like there is an endless supply of apartment units coming soon. Apartment construction in top markets across the country has surpassed a 24-year historical average.
The sharp rise in e-tailing and its game-changing impact has created a new normal in the retail real estate sector. Major national retailers are evolving their strategies in an effort to “survive and thrive” in this new market dynamic. “The good news is that even though Apple, Netflix, Amazon, eBay, and other online giants killed record stores and video rental shops and are in the process of doing the same to electronics and bookstore big boxes, e-commerce will never replace the brick-and-mortar shopping experience,” says Sean Glickman, CCIM, managing director of Glickman Retail Group in Maitland, Fla. Continue reading →
The economist who predicted the financial crisis just sounded another alarm—it would be wise to listen this time
By Manuel Hinds September 22, 2013
Manuel Hinds is El Salvador’s former finance minister. He also has worked with the World Bank in the public and private sector. In 2010, he won the Manhattan Institute’s Hayek Prize.
Raghuram Rajan, left, was not afraid to take on Alan Greenspan. And now, he’s sounding another clarion call as India’s new central banker. Reuters/Danish Siddiqui
In his first official act as the new governor of the Reserve Bank of India (RBI), Raghuram Rajan raised the benchmark interest rate from 7.25 to 7.5%, causing a ripple of surprise in financial circles and eliciting protests from various business representatives. But for people who know the current condition of emerging markets and Rajan’s professional trajectory, this was not surprising, at all.