Rent vs. Own

Note how NM’s housing prices are still considerably higher than its rent levels? Unless we bring more apartment communities into the supply pipeline, that will be changing in 2012-14,

More on page 1441

China Demographics

A quick update to this posting (12/19/2011): This article about China’s property bust reminds me of a saying I learned during my travels in China “In my first month, everything in know about China would fill an encyclopedia. In my first year, everything I know about China would fill a book. In my first decade, [...]

More on page 1308

Homelessness in Albuquerque – video update

We have been following Albuquerque’s homeless story for quite a while. This video update was recently featured at the City of Albuquerque’s state of the city speech. Robert Nelson at Metropolitan Homelessness Projected shared this update with us: “Greetings! I just wanted to write and share a new video that the city produced for the [...]

More on page 1430

Tearing it up from the top down

Believe it or Not!, China, Highest and Best Use, Redevelopment Comments (0)

Yes your eyes are not deceiving you – there is an excavactor on top of this high rise, demolishing it.

Only in China would we see something like this. More on the story at the link below.

Thanks to Gizmodo.com and its sister blog Jalopnik.com

Todd Clarke @ January 17, 2012

Building a 30 story building in 15 days

Apartment Investor, Believe it or Not!, China, Cool!, Demand, Demographics, Design, Development, Economy, Location Comments (0)

Surpassing a previous record of building a 15 story hotel building in 6 days, the Chinese company, the Broad Group has constructed a 30 story building in only 15 days.

It would appear a majority of the building was built off site in panels that were lifted into place, a practice that is likely to become much more common in the near future. A 6 minute time lapsed video can be viewed here.

Thanks to Gizmodo.com for the original article.

Todd Clarke @ January 8, 2012