Real Estate Economics and Finance
February 7th, 2010 — Economics, Real Estate
This is the calm before the storm of the next housing crash. As the pendulum continues its down swing, expect more fallout across a broader number of housing markets. For the enterprising investor, the upcoming “double dip” presents an unprecedented opportunity to profit.
Zero Hedge presents the case for a second leg to the housing crisis and a lack of government regulation has provided yet another chance for investors to reap tremendous profits. Remember credit default swaps?
February 3rd, 2010 — Investing, Real Estate
The IBM office park built in Westchester, NY during the 1980s is nearly empty. The team members from one particular IBM work group have never even met before… at least in person. Online, they meet everyday.
This isn’t some idealistic vision of a future work place, it’s modern day reality at one of America’s largest corporations. In the PBS Frontline documentary, Digital Nation, Francoise LeGoues, the VP of Innovation at IBM, estimates the savings from holding online meetings amounted to $1mm last year. The online world, Second Life, serves as a virtual office space for various working groups at IBM where they hold daily “sit downs”, gather to discuss strategy and map out the team’s mission ahead.