Category Archives for "Urban Economics"

Jul 08

It would be daffy for my daughter to sell her home

By Bruce Firestone | Family , Finance , Investing , Real Estate , Real Estate Investment Coaching , Urban Economics

We helped one of my daughters (I have five children) buy a home four years ago for $345,000. We added a basement apartment for $80k so her total cost is about $425,000. We had it appraised last month—after insane pandemic-induced appreciation, it’s now worth $760,000 according to a local appraiser. First thing she said to […]

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May 08

Making Retail Spaces Pandemic/Internet/Big Box Store Resistant

By Bruce Firestone | Architecture , Business Coaching , Business Models , Design , Entrepreneurship , Ideas , Investing , Real Estate , Real Estate Investment Coaching , Sales & Marketing , Urban Economics

At the beginning of this pandemic, folks asked me what I thought would happen to real estate values. I believed office and shopping mall valuations would fall out of bed while industrial and residential would hold their own. The latter because people always need a place to live; the former because I thought nations (including […]

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Mar 06

What will our economy look like after the global pandemic subsides?

By Bruce Firestone | Architecture , Business Models , Firestone Institute , Green for Real , Ideas , Investing , Life Coaching , PB4L , Real Estate , Urban Economics

I am optimistic that the global economy will recover but it will be vastly different. Overall, it may not only be a more localized economy but a more productive one too as weaker players get weeded out and some industries fade while others surge. It’s also likely that the surpluses produced by revamped economies will […]

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Feb 02

Commercial or residential at grade, which is better for the bottom line?

By Bruce Firestone | Architecture , Business Coaching , Business Models , Entrepreneurship , Finance , Ideas , Investing , Real Estate , Real Estate Investment Coaching , Sales & Marketing , Urban Economics

I can’t believe that other landowners/property owners haven’t figured out how to repurpose their retail space to live-work-play-make spaces, all at grade. There is demand for these types of spaces from gigpreneurs who, for example, want to work in a street-facing studio and live behind their store, all on one level (ie, the ground floor). […]

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Jan 01

I wish we knew now what we knew then

By Bruce Firestone | Architecture , Design , Entrepreneurship , Family , Green for Real , Ideas , Life Coaching , PB4L , Real Estate , Urban Economics

Over the Christmas holidays, I was rereading The Mysterious Island by Jules Verne. I read it when I was a kid and enjoyed it, so I thought I’d see what I think of it now. It’s about five Union soldiers who escape Confederate captivity during the US Civil War in a balloon that is swept […]

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