Category Archives: Real Estate

A Different Kind of Border Wall

To slow mass migration, stop the illicit capital flight from poor to rich countries. An asset manager called ____ Capital recently sent out this email seeking referrals: The US Investor visa program allows one to invest $500,000 U.S. in a … Continue reading

Posted in Africa, Asia, Corruption, Cronyism, Demography, Economy, Emerging Markets, Europe, Hedge Funds, Immigration, Luxury Goods, Manhattan, Real Estate, Society, US Economy | Leave a comment

Capitalism Did Not Win the Cold War

This article first appeared at Foreign Affairs. Why cronyism was the real victor. When the Soviet Union collapsed 26 years ago, it was generally agreed that the West had won the Cold War. This was affirmed by the prosperity and … Continue reading

Posted in Africa, Brazil, BRIC countries, Communism, Corruption, Cronyism, Economy, Emerging Markets, Foreign Affairs, Hedge Funds, New York, Offshore, Oil, Real Estate, Russia, Society, United States, US Economy | Leave a comment

Manhattan Ultra-Luxury ‘Battling the Serpent of Chaos’

The deceleration of China and resulting commodities crash have created a problem for developers of ultra luxury condominiums. The ancient Egyptians believed that the sky was a solid dome, the belly of the goddess Nut who arched her body from one side of the … Continue reading

Posted in China, Commodities, Economy, Investment, New York, Offshore, Real Estate, Society, US Economy

How Refinancings Fueled the Housing Bubble

The wave of mortgage refinancing by millions of households has distorted the housing market and contributed to the 2000s bubble. It makes sense for a household to refinance their mortgage when interest rates decline. In addition to lowering monthly payments, refinancing can be … Continue reading

Posted in Economy, Housing, Investment, Real Estate, United States, US Economy

Manhattan Real Estate: A Conversation with Lisa Larson

14 April 2015 Sami Karam speaks with Manhattan’s Lisa Larson, a licensed associate real estate broker with Warburg Realty and a REBNY Deal of the Year award recipient. Topics include the state of the residential market and the boom in supertall … Continue reading

Posted in Economy, Manhattan, New York, Podcast, Real Estate, United States, US Economy