What the CEO of America’s Largest Mall REIT, Simon Property Group, Just Said about the Brick & Mortar Meltdown and How it’s Trying to Manage It

Wolf Richter wolfstreet.com, www.amazon.com/author/wolfrichter “I prefer not to scare you at this point, okay. But it’s something that we’ve been able to withstand”: CEO David Simon. Mall-landlord Simon Property Group – as it says, the largest real estate investment trust …

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Property Tax In Dollars

by SP I was very curious about property tax in dollars, like waterdog14 above. Very high property valuations are closely linked with property tax rates in the big cities. As an aside, one of the urgent care doctors I used to …

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Animation of Manhattan luxury property data

via sdbernard: [OC] Animation of Manhattan luxury property data byu/sdbernard indataisbeautiful Animation showing just how many new luxury skyscrapers are being built over the next three years. A total of 3.5 miles of vertical height! Sources of data are NYC Open Data and Council …

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London Property: Here Comes the Crash

via GoldCore: by Bloomberg News – Jitters surrounding London property are finally starting to show up in home prices – Brexit uncertainty, rising interest rates, higher sales tax and stretched affordability – Islington suffered the biggest declines, with home prices falling …

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Worldwide Property Prices Are In Free Fall

via voiceofthemarkets We have advised our clients since at least 4 years that property prices will keep plunging every single year for a variety of reasons. With the exception of China, Philippines and very selectively in Spain, property prices, especially of …

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