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You can’t argue against socialism’s 100 per cent record of failure

Socialism is extremely in vogue. Opinion pieces which tell us to stop obsessing over socialism’s past failures, and start to get excited about its future potential, have almost become a genre in its own right. For example, Bhaskhar Sunkara, the founder of Jacobin magazine, recently wrote a New York Times article, in which he claimed that the next attempt to build a socialist society will be completely different: “This time, people get to vote. Well, debate and deliberate and then vote – and... Read More >

Recent Articles:

It’s not too late to save Generation Rent The most important question on housing is how to radically boost supply in a way that is politically acceptable
The Resolution Foundation’s depressing claim that one-third of millennials face renting their whole life has made headlines today. But the think tank’s report also contained the encouraging — and unsurprising — revelation that countries Read More >
The price of not knowing the value of Bitcoin The Bitcoin boom-and-bust could well lead to regulatory overkill
Some time ago, I confessed to CapX readers my unease about pricing cryptocurrencies such as bitcoin. I wasn’t alone in my hesitation: New York University finance professor Aswath Damodaran has voiced scepticism that assets with no cash Read More >
Does the increase in European warehouse completions have the potential to cause oversupply? CBRE research forecasts rental rates for European warehouses
New warehouse supply has reacted robustly to the current strength of demand in Europe. As a result, completions have recently reached nearly double the levels at the height of the last cycle. We address here whether there is a risk that future Read More >
E-commerce is helping rather than hindering brick and mortar retailers CBRE research shows how traditional retailers are evolving to keep up with e-commerce shopping habits
It’s tempting, even popular these days to claim that e-commerce is wiping out traditional retailing. It’s also wrong. The demonstrable reality is that online and in-store retail can coexist quite nicely, even beneficially with e-commerce. Read More >
Rainy window looking out over city buildings Deloitte Regional Crane Surveys A Regional Renaissance
Following the publication of our regional Crane Surveys at the end of January, we were pleased to report on unparalleled scale and volume of development as a result of significant investor confidence in the UK regional cities demonstrating strong Read More >
New home under construction with sunlight coming through the rafters The positive impact of E-commerce for warehouses How the digital age of business has increased need for warehouses and distribution centres in the US and beyond
The market for warehouses and distribution centers in the U.S. and elsewhere is on an incredible, multiyear run. Don’t expect that to abate any time soon. The primary reason that this market has so much momentum remaining: E-commerce has Read More >
Future-proof healthcare An analysis of MedicX Fund, a specialist investor in primary care infrastructure in the UK and Republic of Ireland
MedicX Fund is a specialist REIT. Like its peers, Primary Health Properties and Assura, it invests in primary healthcare property, focusing on modern, purpose-built primary healthcare assets. The key features of this specialist market are long Read More >
Close up of metal cogs Ever-increasing Circles An analysis of Circle Property, an AIM-quoted property investment company
Circle is an internally managed property investment company, registered in Jersey. It was initially founded as a limited partnership in 2002, became a Jersey Property Unit Trust (JPUT) in 2006, and has been quoted on AIM since February 2016. Its Read More >
Stock trading monitor Celebrations to continue at the Palace An analysis of the property investment company
Edison Investment Research is a leading independent investment research firm. We aim, in these articles for The Property Chronicle, to bring to a wider audience the sort of analysis normally only available to big investing institutions. Each Read More >
Jimi Hendrix performing in 1967 Are you EXPERIANced? What the latest Experian report on construction output tells us
Animals’ bassist Chas Chandler saw the potential in an unknown black American guitar player called Jimmy Hendrix, when others didn’t. Quickly, Chandler assumed the role of his first ever manager and brought the virtuoso to London in 1966. Read More >
London skyline How can REITs reduce their discounts in the absence of M&A activity? M&A is not coming to the rescue of investors just yet, but there are new trends beginning in the listed REIT sector
Previously in this column we looked at what appeared to be the start of a new trend of M&A in the property sector, following the bids for Market Tech and Kennedy Wilson Europe. However, the trend has in fact not materialised. It seems that Read More >
House made of tools over white background Housebuilders’ share prices have broken new ground An exploration in the Peak District of the listed housebuilders
The Peak District became the UK’s first national park on 17 April 1951; albeit the National Trust owns a 12% minority. Geographically, it forms the southern end of the Pennines and much of the area is uplands above 300 metres (984 feet) with a Read More >
New home under construction with sunlight coming through the rafters Have we found the listed PRS vehicle we were looking for? The latest from the listed real estate sector, with Mark Cartlich
Other than the results from the big names in the sector, the theme of the past few weeks seems to have been fundraising, especially in the alternative space. This has been an encouraging trend and shows there is life beyond the prime office and Read More >
Film still from 'Master and Commander' showing a naval captain in front of his ship ‘Master and Commander’: Urban & Civic plc and Nigel Hugill Our Analyst Tony Williams explores the high seas of property investment and how life imitates art
The movie of the same name - and subtitled ‘the Far Side of the World’ - is a 2003-made epic which is set in the Napoleonic Wars and stars Russell Crowe. It received wide critical acclaim on release and, at the 76th Academy Awards, was Read More >
Abstract view of candlestick charts Do foreign investors know something we don’t? Our capital markets analyst gives his thoughts on the latest trends in mergers and acquisitions
Image (c) iStockphoto Do foreign investors know something we don’t? Since the Brexit vote last June we have seen a number of assets snapped up by foreign investors, driven in part by the weakness of sterling since the referendum. In the Read More >

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