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Wall Street Journal features Daniel Foch: "Housing Boom Fades World-Wide as Interest Rates Climb"

Monday Jul 18th, 2022

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Link to full article: https://www.wsj.com/articles/housing-boom-fades-world-wide-as-interest-rates-climb-11658142000  "With Canada mortgage rates at their highest level since 2009, house sales in June were down 24% from a year earlier, according to the Canadian Real Estate Association. Real-estate brokerage Realosophy said Toronto sales declined 40% in May from a year earlier and now sit at a 20-year low. The median price for a Toronto home, excluding condominiums, is... [read more]

The burning Amazon, and real estate as an information system

Monday Aug 26th, 2019

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Real estate is a technology. I've had this idea marinating in my head for a little while that is sort of an expansion of the concept I've already communicated I believe in: real estate is a technology. Land is the surface of a floating rock in space we're lucky enough to exist upon. It is a piece of the universe. Real estate, then, is an expansion upon it. Through this system, we interact with the world, and with one another. Real estate is a collection of technologies... [read more]

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