October 15, 2015
US dethroned as world's billionaire capital
Released Thursday, the report found China produced nearly five billionaires a week during the year ended Aug. 14.
That's all fine and dandy, but what is the morally empty Chinese billionaire to physically empty newly constructed Chinese city ratio? Now that's a statistic I would love to know, lol. Sigh.
Global wealth inequality, baby. That's what I'm talking about.
Goldman on Shelter Inflation
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A few brief excerpts from a Goldman Sachs research note on shelter
inflation:
[R]apid multifamily supply growth amid a cooler labor market, slower
immigr...
13 hours ago
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