Details and registration are here.
Harvard’s Edward Glaeser has written an interesting paper about speculative real estate booms in the United States between 1790 and 1920.
Glaeser notes that property prices inside “the Loop” in Chicago went from $800 per acre in 1830 to $327,000 in 1836 and then fell to $38,000 in 1841 (in 2012 dollars). But by 1856, Chicago prices had surpassed their 1836 highs, a rebound similar to the one experienced in Hong Kong between 1997 and 2007.
Will Beijing and Shanghai follow a similar pattern?
If you are thinking of buying a home in rural Japan, you should read the essays published by Spike Japan.
These thoughtful, well-written pieces capture the spirit and the day-to-day realities of Japan’s small towns and depopulated rural areas.
The author has stopped writing new essays, but says he will maintain the old posts.
And if you haven’t already done so, please check out the new consolidated Landed FaceBook page, which includes posts from Hong Kong, Japan and China.
I’m now lining up speaking engagements to launch Landed China in Shanghai, Hong Kong and Singapore. Watch this space for details!
I’m moderating “The Big Debate” at PERE Summit: Asia 2013 in Hong Kong next Thursday.
Resolved: Private equity real estate firms should stop peddling China’s growth story and talk about distressed situations within its markets.
For the motion: David V. Madden, Managing Partner, DAC Financial Management (China). Against: Stuart Jackson, Head of Real Estate, InfraRed Capital Partners.
Lots of interesting speakers at this event, including Shui On’s Vincent Lo and Blackstone Group’s Jonathan Gray.
More here .
In Hong Kong public cemeteries, you only rent graves for 10 years, which is extendable for another 10 years. At the end the lease the bones are disinterred, which is what you see here.
More on Hong Kong’s funeral business in this story from Time
I have a feature story in today’s Financial Times about buying a home in China.
Speaking of which, Landed China is now available for pre-order.
A webinar that I recorded with Adam German of Real Estate Japan on November 13 is now online. The 50-minute video covers residential real estate investment in Hong Kong, China and Japan.