by Aseem Gupta | Oct 5, 2024 | Economics, Markets & Money
In the spring of 2022, New York City began receiving an extraordinary number of asylum seekers. The city opened emergency shelters, booked hotel rooms, provided food and medical care, and helped families navigate schools and public services. What began as a...
by Aseem Gupta | Sep 8, 2024 | Urban Planning & the Built Environment
Dubai looks impossible. A city of glass towers, artificial islands, luxury malls, global banks, five-star hotels, packed airports, and supercars where there was once desert, creek, heat, trade, and hardship. It is one of the few places on earth where the skyline...
by Aseem Gupta | Aug 3, 2024 | Economics, Markets & Money
America has rarely looked richer. Its largest companies are worth trillions. Stock markets have repeatedly reached record highs. Homeowners who bought at the right time have watched their properties appreciate dramatically. Total household wealth has climbed to levels...
by Aseem Gupta | Jun 1, 2024 | Economics, Markets & Money
Australia appears to offer almost everything a prosperous society should. It has high incomes, stable institutions, desirable cities, strong public services, spectacular coastlines and an enormous landmass. For generations, homeownership formed part of the national...
by Aseem Gupta | Apr 6, 2024 | Economics, Markets & Money
Canada used to sell a simple promise. Work hard. Find a decent job. Buy a home. Raise a family. Live in a safe neighborhood. Save a little. Retire with dignity. It was not a fantasy. For much of the postwar era, this was the basic middle-class bargain in Canada. The...