Land prices should now outperform other asset classes, especially when compared to their underperformance during the previous period of deflation, argues this writer. In November I suggested that inflation would continue, rather than being merely transitory. Since then, we have seen US inflation rise to 7% (for the year to December 2021, US Bureau of Labor Statistics). […]
Bust or buying opportunity? In the new territories north of Hong Kong, a vast and lavish property development was planned: a wetlands restoration, hundreds of luxury townhouses, all surrounding the jewel in this property crown – a Palace of Versailles-themed villa of truly palatial size and ostentation. If you want to know when you’ve reached […]
In response to Elon Musk’s all-cash takeover offer for Twitter, its board of directors has adopted a one-year shareholder rights plan to stop it. As Lucas Manfredi reported for FOX Business, the board claimed the plan “is intended to enable all shareholders to realise the full value of their investment in Twitter” and “reduce the likelihood that […]
“If you remember the 60s, you weren’t really there”. This famous quip says much about our rose-tinted nostalgia for the decade. The fun-loving hedonism of Woodstock and Beatlemania may be etched into cultural memory, but Andy Warhol’s Marilyn Monroe portraits reveal a darker side to the swinging 60s that turns our nostalgia on its head. […]
Interest hikes are not always a smooth answer. The inflation rate has been a recent ongoing hot topic of debate as more and more countries are experiencing a surge in consumer prices, according to the latest data. It is, however, an expected trend to see inflation decrease during a recession period and increase during expansions. […]
The view that the Russian president, Vladimir Putin, wants to restore territories of the Soviet Union has been a big part of the commentary on Russia’s invasion of Ukraine. But how much is he in tune with the wishes of the Russian people? Our research suggests that while Russian citizens increasingly identify with the USSR, […]
In this very special series of exclusive articles for the Property Chronicle, Australian property legend Norman Harker reflects on his extraordinary 50-year life in real estate. He will pull no punches partly because, as he freely admits, Norman has a limited life expectancy of five years from December 2018 due to a diagnosed terminal blood […]
“You have to be kidding me.” Those were the words uttered with obvious incredulity to Martin Eberhard and Marc Tarpenning, the original founders of Tesla Motors. They were at a bar in Woodside and they were discussing their hope of changing the very definition of the automobile. As one might expect, the reaction of venture […]
There’s a good chance you’ve heard a song by Ed Sheeran called ‘Shape of You’. It’s been streamed over three billion times on Spotify and viewed over five billion times on YouTube. The song ‘Oh Why’, by Sam Chokri, is less well known. But Chokri claimed that Sheeran had copied it when composing his hugely […]
Russian intelligence chief Sergey Beseda and his deputy, Anatoly Bolyukh, were placed under house arrest on 9 March. Beseda and Bolyukh oversaw the foreign intelligence branch of the FSB, which is the Russian security service. They were allegedly the main proponents of the assumption that Ukraine would swiftly collapse, which has proved deeply flawed. But, as has […]
