Thursday, May 28, 2020

Which U.S. cities will best weather the pandemic? | Nuveen

Which U.S. cities will best weather the pandemic? | Nuveen

"Markets with a large exposure to newer non-cyclical industries such as information technology (San Jose), life science (Boston) and telecom (Dallas) are positioned to perform the best. Industries with a large exposure to cyclical industries such as tourism (New Orleans), hospitality (Las Vegas), energy (Oklahoma City) and retail (Miami) are positioned to perform the worst. The five most highly-ranked MSAs in our analysis are San Jose, Nashville, Raleigh, Washington, D.C. and Salt Lake City. In contrast, the five lowest-ranking are Detroit, Louisville, Buffalo, Oklahoma City and New Orleans."

The Future is Public | Transnational Institute

The Future is Public | Transnational Institute

"Resistance to privatisation has turned into a powerful force for change. (Re)municipalisation refers to the reclaiming of public ownership of services as well as the creation of new public services. In recent years, our research has identified more than 1,400 successful (re)municipalisation cases involving more than 2,400 cities in 58 countries around the world."

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New report from the Transnational Institute about deprivatization.

Chicago Condo DeConversions Coming Back

Chicago Condo DeConversions Coming Back

Thousands of affordable condo units have been turned into apartments by megabucks investment companies that are buying people out, getting 75% or 85% of the ownership interests, forcing the rest of the owners to sell, and "deconverting" the project.

What homeowners associations should do when residents can’t pay during the pandemic - The Washington Post

What homeowners associations should do when residents can’t pay during the pandemic - The Washington Post

Unemployment is off the charts and, as in 2008, HOAs and condo associations are seeing more owners unable to pay their assessments. This article is about how to balance the association's need for revenue with the need to show some compassion and common sense.