Can Skyscrapers Predict Economic Turmoil?

Very interesting video.

We are not sure about the Skyscraper Index because the current economic situation is so unique.   We do suspect unless a COVID vaccine hits the market soon, the work from home/exit to the ‘burbs transition will accelerate and office buildings and related commercial real estate investments are going to continue to be in a world of hurt.

As the global economy sputters in the wake of the coronavirus pandemic, some economists are looking to city skylines for clues to the future. But skeptics argue that the so-called skyscraper curse, which holds that big buildings spell big financial trouble, is at best fanciful. Video by Raymond Schillinger

Sources: Thornton, Mark, Skyscrapers and Business Cycles (May 31, 2012): https://ssrn.com/abstract=2071293

Barr, Jason and Mizrach, Bruce and Mundra, Kusum, Skyscraper Height and the Business Cycle: Separating Myth from Reality (July 1, 2014): https://papers.ssrn.com/sol3/papers.c…

Willis, Carol, Form Follows Finance (1995): https://books.google.com/books?id=8IT…

 

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