Word: gluts
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...residential REIT--Equity Residential--and thus have an interest in how housing plays out. We're already starting to see investors renting instead of selling homes they bought, because they can't unload them. And a glut of new rental housing could impact rents in buildings like yours. Where is housing headed...
...perhaps there is something to be said about tyranny in the running of a university. Not for tyranny’s sake—and not, as perhaps some conservative critics might frame it, for the enlightened administration of a glut of unruly students incapable of self-governance. Instead, perhaps we at Harvard need the unitary power of administrative authority to maintain our equality with each other...
Bolstering that impression, a new best-selling book, La Casta (The Caste) by journalists Sergio Rizzo and Gian Antonio Stella, details how Italy's politicians have used their institutional muscle to pile up a glut of privileges. They enjoy the highest rate of chauffeured cars among European governments, the President's headquarters cost four times as much to maintain as Buckingham Palace, and there have even been indignant demands for better gelato at the Parliament cafeteria. Adding to the public's sense that politicians are not to be trusted, 16 of the Italian Parliament's 630 members are convicted felons...
...There is a glut of existing bags in the city of Boston,” said City Councilman Robert Consalvo, who filed a proposal that would curb plastic bag use in the city...
...fact, there are success stories. Shanghai's Raffles City and the MIXc, a mall in the city of Shenzhen, which borders Hong Kong, have good locations and a profitable tenant mix, says Bryn Davies, executive director of retail services for CB Richard Ellis in Greater China. And, despite the glut of space, the mainland's retail sector remains in bull-market mode. Economists expect as the country's consumer culture continues to develop, demand will continue to increase. China today accounts for 5% of global consumption, but investment bank Credit Suisse predicts that number will rise...