Serious investment thinking that doesn’t take itself too seriously.
Our professorial contributors illuminate the latest academic research in real estate and economic policy
Back in July, I was invited to give a keynote speech at an international conference we hosted in Cambridge. In it, I took the opportunity to look back at Cambridge economics a hundred years ago; 1920s Cambridge economics means Keynes, of course. The 1923 book “A Tract on Monetary Reform” contains...
… and why other property professionals get lumped with the bad guy roles. This article was originally published in April 2019. “I don’t build in order to have clients, I have...
During the last four years, the prospects for freer world trade have been in retreat. Now, with a new broom about to sweep into the White House, there is renewed hope for...
Equity investors might need to top up funds by tens of billions in Germany and the UK, thanks to covid. Declines in capital values and more conservative lending in the immediate...
A physical market cycle analysis of four property types across 54 metropolitan statistical areas (MSAs) for 3Q2020. The V-shaped recovery happened (-32% GDP in Q2 then +33% GDP...
I yield to no one in my admiration for the office as a social centre, but it's no place actually to get any work done. – Katharine Whitehorn, View from a Column (1981) The king...
“I’d rather be dumb and antifragile than extremely smart and fragile” – Nassim Taleb, in Antifragile: Things That Gain from Disorder (2012), p4 Looking beyond covid-19 (see our...
According to NPR, Ant Group, a massive Chinese financial technology company, was suddenly halted from listing on the Shanghai Stock Exchange just days before its IPO date. NPR...
On the ghoulishly appropriate date of 31 October – Halloween – Boris Johnson announced new lockdown measures. “These measures above all will be time-limited,” the prime...
Early in the pandemic I advised readers to zone out, take a break, and read fiction and other works of art that have stood the test of time. There’s only so much crazy we can...