Serious investment thinking that doesn’t take itself too seriously.
In 1988 Michael Sklarz and I published a paper called “It’s Time for Some Options in Real Estate.” In 1995 David Geltner and I suggested that we needed a fourth asset class, Housing Equity Investment Trusts (HEITs), whereby an owner could sell part of their home price appreciation to investors and...
It is time to look again at a subject which pops up every now and then and this morning has done exactly that. From The Guardian: The price of gold hit $1,865 per ounce for the...
Another speech from Downing Street will not turn around the economy – a vaccine will. In mid-July, Prime Minister Boris Johnson gave a speech suggesting that employers...
The R rate has become synonymous with the COVID-19 pandemic. If R is above 1, infections rise exponentially, if R is below 1, the virus eventually disappears. The...
It is not news that the coronavirus has changed the real estate industry, in some cases irrevocably. The move towards home working has raised some questions over how offices will...
From the beginning of this virus, political elites have used the language of war. The invisible enemy would be contained, suppressed, and beaten into submission. Then….it would...
There is a raging debate in the UK about whether and how UK farmers should be protected from foreign competition in the execution of its trade policy. It threatens to divide the...
Last week witnessed a feeding frenzy from the crème de la crème of Wall Street’s smart money (and some Dubai’s smart money LOL!) to be part of the private market financing of...
In 1533-4, Henry VIII rejected the Pope’s authority and broke away from the Church of Rome, declaring himself Supreme Head of the Church in England. This country thus...
The coronavirus economic shock has already caused UK house prices to wobble – and they may yet tumble if the narrative worsens. As the virus changes society and the way we live,...