The table below [click Wolf's blog and scroll to the bottom] shows Zumper’s list of the 100 most expensive major rental markets in the US, in order of median asking rent for 1-BR apartments in July, and percentage changes from a year ago (use the browser search box to find a city):
Estera Racatean at RENTCafé posted (26 October 2017) several charts, a dynamic table, and commentary regarding rent in the Top 30 Magnetic Cities, which includes some interesting places such as Vienna, Berlin, Amsterdam, and Copenhagen.
If you want to go a bit deeper in the U.S. market, then reference the August 2018 post by Wolf Street titled "Update on the Rental Bubbles & Crashes in US Cities." Below is a list of the 17 most expensive cities.
And, if you want to see Zumper's list of the 100 Most Expensive Major Rental Markets in the U.S....
Will Pittsburgh be named the second headquarters of Amazon? Well, some experts didn’t even include it in a Top 5 short list:
“…GBH Insights’ Daniel Ives predicts Atlanta to be one of the five cities out of the new list of 20 candidates to be in the running for Amazon’s second headquarters project, said CNBC. 'We believe the top 5 likely cities for Amazon’s second headquarters/HQ2 in order will be:
In NE Ohio it’s not too difficult to participate in the farm-to-table, buy-local movement on a reasonable budget: milk, cheese, ice cream, craft beer, bread, etc. So, it’s no surprise to learn from a recent Crain's Cleveland Business article by Jeremy Nobile that the number of Ohio-based wineries has increased from 89 ten years ago to 265 last year, including a mission driven, urban core winery—The Vineyards and Biocellar of Château Hough—in CLE that grows grapes on less than one acre of land.
A bubble exists when asset prices rise beyond what incomes and cash flows can sustain.
As such, these two charts below about India’s consumer internet bubble, circa 2015, reflect our perspective that valuations of many asset classes are overvalued based on fundamentals. By the way, we were introduced to the source data by a Linkedin post by Anshuman Verma, founder and managing director of M1L based in Mumbai, India.
Here’s our facetious takeaway of the two charts:
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