americas | The Property Chronicle

Existing-home sales rise as prices hit a record

by Robert Hughes | Jul 26, 2021 | Residential Investor

Sales of existing homes rose 1.4% in June, to a 5.86m seasonally adjusted annual (see top of first chart). Sales are up 22.9%t from a year ago. Sales in the market for existing single-family homes, which account for about 88% of total existing-home sales, also rose...

Not your usual distress cycle

by Michael Shaoul | Jul 26, 2021 | Golden Oldie, The Fund Manager

Originally published January 2021. Real estate distress cycles generally offer rich pickings to investors, but that’s unlikely to happen this time – and here’s why. This article discusses the potential path for a distress cycle in US commercial real estate given...

The protests in Cuba tell a much bigger global story

by John Tamny | Jul 21, 2021 | The Professor, zLead Article

“Videos posted on social media showed security agents and groups of soldiers beating up demonstrators on Sunday. Protesters ripped up portraits of Fidel Castro, while others destroyed police motorbikes and overturned police cars.” Those are the words of Wall...

What will America’s 250th birthday look like?

by Robert E. Wright | Jul 15, 2021 | The Professor, zEditor's pick

If you are reading this, congratulations on surviving the latest Independence Day festivities, which our society somewhat arbitrarily celebrates on 4 July. Independence Day 2026 will mark the nation’s 250th ‘birthday’, but Americans that day may not party...

It’s time to admit: drugs won the war on drugs

by Art Carden | Jun 14, 2021 | Golden Oldie

Originally published 12 November 2020. As I write this, we still don’t know who won the presidency. It is, however, time to declare at least one winner. After almost sixty years of fighting, it’s clear that the War on Drugs is almost over and drugs have won. As the...