Skyscraping

In 2009, there were 19 buildings in the world with heights above 1,000 feet (305 meters for the non-American readers). Today there are 79 such buildings, a four-fold increase in just 5 years! And if you have never been to China or the Emirates, you have missed most of them. 40% of these tallest buildings are in China, another 28% are in the U.A.E.

The graphic below (from Knight Frank) highlights the average annual rent (per square foot) in the top cities of the world. Despite my grumbling, LA is still pretty cheap. Although our next office may be more likely to be in Seoul or Kuala Lumpur rather than Hong Kong.

• 14 Nov, 2014

  Selected Fun Facts

  Some fun facts about this year (courtesy Michael Hartnett of Merrill Lynch):US equities (+14%) are ahead of European ...

• 1 May, 2015

  Wages

  They're going up. Total salaries and benefits moved up 4.4% in 2014, rising to 53.6% of GDP, still below historic ...

• 5 Aug, 2015

  Criminals in Diapers

  Japan grew from the (literal) ashes of the Second World War to become the second largest economy in the world by ...