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...York attorney Conrad K. Harper ’62, glass company executive James R. Houghton ’58, and economist Robert D. Reischauer ’63 have the ultimate authority over the University’s divestiture decisions...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: University Divests From PetroChina | 6/8/2005 | See Source »

...months later, Harvard’s divestment has had no discernible effect on PetroChina’s share price, says Morgan Stanley’s chief Asia/Pacific economist, Andy...

Author: By Daniel J. Hemel, CRIMSON STAFF WRITER | Title: University Divests From PetroChina | 6/8/2005 | See Source »

That tells you two things. First, you should have bought in Boston in 2000. Second, right now renting there is a comparatively good deal. "It's important to ask, 'Am I making the right decision to buy today?'" says Gleb Nechayev, senior economist at Torto. "The balance has shifted so much in favor of renting, people should pay attention...

Author: /time Magazine | Title: The (Surprising) Case for Renting | 6/6/2005 | See Source »

This is the $64 billion question of the 21st century's first boom: Are today's real estate revelers partying like it's 1999--just before the stock-market bubble burst? To Edward Leamer, economist and director of the UCLA Anderson Forecast, the housing market, especially in hot coastal areas, is a bubble just as ripe for popping. "We've had a more than doubling of housing prices in the past three years here in Southern California, for instance, and there's no fundamental driving it," he says. "There isn't some big crush of people coming to California. That...

Author: /time Magazine | Title: America's House Party | 6/5/2005 | See Source »

...tempting to call real estate NASDAQ 2.0, but there are key differences. David Lereah, chief economist for the National Association of Realtors, predicts another record year for real estate in 2005, with a 9% jump in prices nationwide. Lereah says the run-up in house prices is not built on the kind of hot air that promised that theglobe.com would be the next General Electric. Rather, he says, it is based on fundamentals that include tight housing supply--especially in places where it is tough or expensive to build, like New York City and San Francisco--such population factors...

Author: /time Magazine | Title: America's House Party | 6/5/2005 | See Source »

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