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Boomer homes to flood US market, but who will buy them?

December 1st, 2019 at 12:48 pm » Comments Off

Baby Boomer home sales will flood the housing market: Report Baby Boomers’ homes will be sold on a large scale over the next 20 years, but with millennials refraining from home ownership, who will be buying them? The U.S. housing market is on the verge of being inundated with homes for sale on a scale […]



European Millennials are not like their American counterparts

October 5th, 2019 at 12:39 pm » Comments Off

Under-30s in Europe are more disposed than their parents are to view poverty as a result of an individual’s choice. In public perception, age is often related to political views. “Not to be a republican at 20 is proof of want of heart; to be one at 30 is proof of want of head,” the […]



Co-working spaces pose threat to commercial real estate market, Fed official says

September 27th, 2019 at 1:47 am » Comments Off

LaunchBio CEO Joan Siefert Rose leads a tour of life sciences co-working lab, BioLabs NC. The growing popularity of co-working spaces like WeWork could pose a risk to the US economy in the next economic downturn, a Fed official warned on Friday. Boston Federal Reserve Bank President Eric Rosengren, who has publicly dissented with the […]



Australia is on the brink of a housing collapse that resembles 2008

April 14th, 2019 at 2:03 pm » Comments Off

The U.S. has been an “island of stability” as economic woes grow all over the world. Other such islands exist, too. Australia is high on the list. The last Down Under recession was 27—yes, 27—years ago in 1991. No other developed economy can say the same. The long streak has a lot to do with […]



Looking to the future, public sees an America in decline on many fronts

April 1st, 2019 at 11:41 am » Comments Off

Majorities predict a weaker economy, a growing income divide, a degraded environment and a broken political system Public is broadly pessimistic about the future of AmericaWhen Americans peer 30 years into the future, they see a country in decline economically, politically and on the world stage. While a narrow majority of the public (56%) say […]



Study suggests a key assumption of economic theory may be wrong.

March 1st, 2019 at 12:15 pm » Comments Off

The concept of equilibrium, one of the most central ideas in economics and one of the core assumptions in the vast majority of economic models, may have serious problems, concludes a study from the Institute for New Economic Thinking at the Oxford Martin School.



The end of work: The consequences of an economic singularity

February 20th, 2019 at 12:22 pm » Comments Off

Today, we are no longer confined to what nature or natural intelligence must offer. From the steam engine to electricity and digital transformations to artificial intelligence, molecular manufacturing and bioengineering, each new transformative innovation has brought us a new (man-made) way of doing things in ways that nature did not provide for. As new ways […]



Chart: The World’s Largest 10 Economies in 2030

January 21st, 2019 at 12:40 pm » Comments Off

  The Chart of the Week is a weekly Visual Capitalist feature on Fridays. Today’s emerging markets are tomorrow’s powerhouses, according to a recent forecast from Standard Chartered, a multinational bank headquartered in London. The bank sees developing economies like Indonesia, Turkey, Brazil, and Egypt all moving up the ladder – and by 2030, it […]



From coworking to a smart city.

January 2nd, 2019 at 12:08 pm » Comments Off

This year is the 10th anniversary of my decision to devote myself to the creation of the models of social changes. After banging my head against the wall, trying to scale the default coworking business model, I realized that only city-wide catalyst models such as smart city can survive and are ones of the pillars […]



The homeless crisis is getting worse in America’s richest cities

December 3rd, 2018 at 7:33 am » Comments Off

A toxic combination of slow wage growth and skyrocketing rents has put housing out of reach for a greater number of people. Daniel Olguin, 28, works on his computer in the front of his van, while his wife, Mary, 26, checks on their almost-2-year-old child in the back. The couple, who have a band called […]



There’s new evidence giving cash to the poor is more transformative than we thought

November 27th, 2018 at 12:48 pm » Comments Off

When it comes to poverty alleviation in the developing world, cash transfer schemes have been at the center of a difficult debate. For years, donor agencies and governments were urged to integrate the poor into their economies by providing them with a basic amount of cash. Yet those programs have been dogged by controversies, with […]



The future of cities

November 15th, 2018 at 2:25 am » Comments Off

Cities may occupy just 2 per cent of the earth’s land surface, but they are home to more than half of the world’s population and generate 80 per cent of all economic output. And their dominance is growing: by 2045, an extra 2 billion people will live in urban areas. At Pictet, we think it […]



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