1885 and the first seriously tall edifice… the Home Insurance Building in Chicago
1907 the stock crash and up goes the Singer Building to lead the leap skyward
1936 and the depths of depression brings us the Empire State building (still the optimal height / yield mix)
1970s and the oil shock gave us the World Trade Centre and Willis Towers
late 1990s and the Asian Financial crisis sees the Petronas Towers pierce new heights
and the GFC in 2010 produced the record breaking Burj Khalifa in Dubai
Thursday, December 24, 2015
Monday, December 7, 2015
A recent and respectable poll of appropriate size and sample showed that when NZ’s were asked:
“How much of the country’s wealth is owned by the richest 1%?” the average response was “50%”
“How much should the richest 1% own?” the average response was “27%”
Now – how much does the richest 1% actually own? 10%.
Does the average NZr therefore want the top 1% to get a top up of 15% ?
Thanks to D. Farrar.