April 2010

While local real estate preoccupations have been rushing around in ever-diminishing circles (“It’s supply/demand.” “It’s interest rates.” “It’s the Chinese.” “It’s negative gearing.” “It’s land banks.” “It’s [insert your answer here].”) we have been rushing around looking for answers in one big circle: the world. The US? The top end in New York and Washington. […]

(Originally posted March 29, 2010) Yup. Us. Last week we were announcing cracks in the edifice of the top end. This week we, and anyone else foolish enough to venture an opinion, have been slapped in the face by the cold wet fish of reality. Where’s your Nostradamus when you need him? And if you