Real Estate

Here’s a new one to me: the ‘divorce mortgage’. No its not some crazy, invented term to describe a financing vehicle (my mind went back to ‘plain vanilla swaps’ from the days when derivatives were the buzz), but rather exactly what it sounds like: a...

We all know the how the narrative goes: manufacturing is dead, and those old cities known as industrial centers are as well. It is not a hard case to make it if you take a quick tour of places like Pittsburgh or Detroit in the...

We all say it, and we worry about it too: we are an aging society, and that’s going to have repercussions. In Canada, the median age of the population is now close to 41 while in the U.S. it is still-youthful 37ish but rising (according...

There are so many facets of the shuttle-bus-to-Silicon-Valley story that fascinate me. The fact that people are willing to commute a fair distance to be able to live in San Francisco while working for tech companies 60 miles away has big implications, and not just...

If Ikea says it’s a trend, it must be a trend. The giant furniture retailer known for its affordable products as well as its make-a-day-of-it-and-eat-the-meatballs approach to shopping, is thinking of changing strategy. Noting that tight budgets mean people do not want to shell out...

It is kind of an urban myth, if you’ll pardon the pun: there is a story afoot that people are leaving the suburbs and moving back to the cities. I’ve written about the trend myself, but honestly perhaps the best evidence that it is true...