It’s certainly no secret that in many of the nations housing markets the price to rent an apartment has been going in one direction…up! But, as the famous phrase about gravity suggests, what goes up must eventually come down. After all whether it was tulips during the 1600’s, technology stocks during the late 1990’s or […]
Businesses obviously hope that New York City office rents come down but, why would such a decline occur? If office rents were to come down in NYC perhaps the reason could be described in just one phrase, ‘Supply and Demand‘! The fact is that New York City will experience a huge amount of new office inventory that is or […]
Home affordability helps to keep many millennials in rentals! Ah, the proverbial American Dream…A job for life with one benevolent employer, a secure retirement somewhere down the road, marriage, a home in the suburbs, two kids and two cars in the garage. And of course, let’s not forget a chicken in every pot! But for […]
Back on April 24th an article here examined the May 2nd Mayweather vs. Pacquiao fight in Las Vegas vis-a-vis the cost of a ticket to watch in-person at the MGM Grand Garden Arena! At the time I wrote, ‘…Because the tickets are sold in the secondary marketplace, prices will fluctuate up until the day of the fight […]
May 2nd when Floyd Mayweather and Manny Pacquiao step into the boxing ring in Las Vegas, they will each enjoy a payday of approximately $100 million or more! For the majority of the fight-watching public in the United States and around the world, the only option that they will have to view it is to go to a bar […]
Several weeks ago an article titled, ‘Because Of Uber, Are Taxi Medallion Lenders A Shorting Opportunity?‘ examined the painful impact that Uber is having on the taxi medallion financing industry! Not to mention the pain being caused due to a loss in the ability of the drivers who lease the taxis from the owners to make a living […]
In other words is the competition from Uber decreasing the demand for taxi medallions causing the price of the medallions to drop thereby damaging the collateral of taxi medallion lenders? In a word…yes! For those who may be unfamiliar, in cities like New York City medallions are required for a yellow taxi to operate. The […]
The price of crude oil is currently one of the big news stories that both financial market AND geopolitical analysts are paying close attention to! Where is the bottom in the price of crude oil, when will it arrive, what message is the sharp and steep decline telling us and what if any impact will it have […]
This question is based on a recent study showing that in Fall 2014 enrollment in law schools has reached a 27-year low! Is this decline in law school enrollment a harbinger of the US facing a shortage of lawyers at some point in the future? And, if we do face a shortage, before you start […]
With Cinco de Mayo upon us the bad news is that your Margarita, shot of Tequila or Corona beer may be served without the customary garnish, a wedge of lime! Of course in the overall scheme of things enjoying a drink without the lime wedge will certainly not be the end of the world but, […]
