Real Estate

China Didn’t Avoid a Crash—It Engineered a Bigger One

China’s government didn’t avoid a crash—it used stimulus and bailouts to postpone one, creating a far larger systemic collapse. The very tools of control that supposedly make China resilient have distorted price signals, encouraged moral hazard, and amplified the eventual reckoning. For investors, supply chain managers, and anyone watching global markets, the preconditions for panic are fully in place. The lull is over.

NYC Banned Airbnb to Fix Rents. Here’s Why Your Landlord Is the Real Winner.

NYC’s Airbnb ban did return units to the long-term market, but the real question nobody’s answering is whether rents actually fell. The uncomfortable truth: the units came back at market rate, benefiting landlords more than tenants. Without neighborhood-level data comparing Airbnb-heavy zones to others, we’re celebrating a policy victory before the results are in. The ban gave us a scapegoat, not cheaper rent.