Housing Market Analysis - Home prices are expected to decrease if local governments increase housing supply [1] - Mortgage rates are projected to decline when the Federal Reserve reduces interest rates [1] Policy Implication - Addressing the housing crisis can be achieved by increasing housing supply and lowering interest rates [1]

Housing Affordability - Bristol is now less affordable for renters than most parts of London [1] Housing Crisis - The figures highlight the extent of Britain's housing crisis [1]

Core Argument - The current real estate system prioritizes profit over social and ecological values, leading to unnecessary demolition and new construction [4][5][15] - This system is fueled by a legal framework that favors new construction through tax incentives, subsidies, and building codes, making renovation less profitable and more difficult [19] - A shift in perspective is needed to recognize the inherent value in existing buildings and prioritize renovation and transformation [21][30] Problem Statement - Every minute in Europe, a house is demolished, not by natural disasters, but by human hands, driven by real estate speculation [2][3] - By 2050, Europe will demolish 2 billion square meters of space, enough to house 50 million people, exacerbating the housing crisis [12][13] - The building sector is a major contributor to CO2 emissions (38%) and waste production (36%), significantly impacting the environment [14][15] Proposed Solution - Advocate for new laws and policies that make renovation and transformation the new norm, creating a social, ecological, and economic alternative to demolition [32] - Focus on renovating existing buildings, recognizing the social and ecological value they hold, and acknowledging the energy and resources already invested in them [22][31] - Implement innovative renovation techniques, such as prefabricated elements, to improve living conditions, reduce costs, and minimize disruption to residents [24][25][26] Supporting Evidence - Lacaton & Vassal's renovation project in Bordeaux, France, transformed 530 apartments while residents remained in their homes, demonstrating a viable alternative to demolition [23][24] - The Bordeaux renovation cost €55,000 per apartment, a third of the cost of a standard new apartment (€165,000), while also providing winter gardens and improved living conditions [26] - The renovation process took only two weeks to improve each resident's life, cut down heating bills, and boost local businesses [26]

and their markets have seen a big rebound in stock markets in the past three months. The Shanghai Composite up nearly 9%, the FXI ETF up more than 15%, the KWEB Internet ETF up about that amount as well. Joining us now is Brendan Ahern.He's the chief investment officer at Crane Shares. Brendan, bring us up to speed. I mean you might have heard a little bit of that discussion about um sort of the future of some companies like Apple in China but more specifically amid rumors swirling about the health of Xiinp ...

New York City had this mayor's race, right. Uh the winner here is an AOC style Democratic socialist. Uh you've had your you in the primary. You've had your battles with various folks.You talk about what's wability and and what's a good campaign message. A lot of folks outside of New York are watching the race. There's a lot of different views of it.Inside New York, a big part of the message was populism, affordability, uh make this city livable for everybody. again uh a lot of people found that to be an upl ...

Housing Affordability Crisis - The rising cost of living, particularly housing, is a crucial problem across America [2] - The median home price in America is $426,600, six times the average annual income [2] - In New York City in 2024, the median home price was $785,000 [2] - Renters across the US are paying over $1,600 per month, while in New York, a two-bedroom apartment averages $5,560, a 175% jump in the last year [2] - New York City has a record low vacancy rate of 14%, indicating a housing emergency [2] - For the bottom 60% of US households, a minimum quality of life is out of reach [3][13] Proposed Solutions and Political Implications - Zoron Mandani won the Democratic primary for New York City mayor by focusing on affordability, promising rent freezes, tripled affordable housing, free buses, and free childcare [1][2] - The government needs to play a role in ensuring affordable housing [11] - Building affordable housing is essential, contrasting with luxury units that remain dormant [8] - Addressing housing affordability can improve life expectancy [15][17]

RT Jeffery Mead (@the_jefferymead)So @ZohranKMamdani promising to “stabilize rents” isn’t solving the housing crisis, he will make it worse.Rent control kills development, discourages renovation, complicates maintenance, and makes it harder for new renters to find homes. https://t.co/2KTOBG7v8e ...