When looking for a place to live a lot comes into play size design neighborhood proximity to work school or to friends and family but often the most decisive factor is price and that depends on supply demand Interest Rates demographic changes geo graphic location Overall Economic growth you get the picture its complicated but the simple truth is Everyone Needs a place to call home and a combination of those factors i mentioned can make finding a lasting shelter difficult for many our theme for todays edition of made in germany is the housing shortage as well see its a big problem. Well start right here in berlin its a city with the fastest rising property prices in the world and the early 2000 the cash strapped german capital sold off huge chunks of Public Housing to private interests the dearth of Affordable Housing has only worsened since then berlin has become a battleground between renters Real Estate Investors developers and politicians. Tenants in berlin are fighting for their ri
Theres an Economic Pulse in the city where the majority of Global Growth comes from megacities mighty and monstrous thats our topic today on made thanks for joining us so with all these people go shoe box sized studio in hong kong sleeper van in San Francisco if you view an apartment here in berlin expect hundreds of other applicants to show up as well so where does the city planner turn when affordable space grows tight that idea was already being tackled 100 years ago by german architect named Walter Gropius the founder of the bauhaus and the figures in the movement with him wanted to build apartments that were beautiful functional and affordable more than design and form the house was a show a social revolution that has had an enduring impact. Want urbanizing look like in the future. Good spaces and good light. Supply is tight and prices are soaring i foresee colorful cities but dense and high rise. Urban design needs to be reinvented. Systematically question every time. Designing a
China is experiencing a rare episode of sliding prices. Japans economy experienced this back in the 1990s and early 2000s. Now, this comes hot the heels of disappointing china trade data on tuesday, which showed that exports sank at their fastest rate since the pandemic, dropping by more 14 in the year tojuly, with imports also falling by more than 12 in the same period. Joining me now is duncan wrigley, Chief China Economist at pantheon macroeconomics. Thank you very much for being with us today. The Rest Of The World looking on in amazement. Considering the inflationary pressures the rest of us are dealing with. What do you read Between The Lines in this latest data . Between the lines in this latest data . Latest data . Ok, i mean, there are some latest data . Ok, i mean, there are some shortterm latest data . Ok, i mean, there are some shortterm factors i are some short term factors that push down the data for this month, there has been a surge of seasonal vegetables, the big pictu
sandwich. he tore off a corner of it, a piece of bread. he ate it, and he gave the rest to his dog. they ve taught me a lot too. i ll close by saying this. an act of kindness can change your day. change someone s day. an act or gesture of kindness can change somebody s life. thank you. [ applause ] what a night. we want to thank everybody for joining us. thank you, laura. oh, my goodness. thank you for holding my hand. that was beautiful. can you imagine the level of generosity to say give back immediately? this tells you why we do this. thank you so much. you can support all of our honorees right now by going to cnnheroes.com and click donate. each donate will be met dollar for dollar. if you know someone as amazing as tonight s honorees, you can nominate them to be a cnn hero in 2024 because officially, anderson, nominations are now open. we hope that some of these stories have inspired you to get involved and do your part because you, too, can be somebody s hero. t
Today with the dow gaining 104 points jumping to another record along with transports. S p slid 0. 04 but the nasdaq, it plummeted 1. 2 . [ screaming and many of the big cat names were down much more. Days like this one show you why i find it so worrisome that stocks within the same sector often trade in tandem n unison we joust dont know which direction theyll head in so if your whole portfolio was invested in only fast growing tech stocks you got the Steve Buscemi treatment as it went into the wood chipper. If you were diversified and the cheap banks that invested in transports like the railroads or airlines you had a fabulous day. [ applause ] it was this the house of pain. The house of pleasure. Why not out ofwhere we have a chance for tax reform it didnt seem possible weeks ago so all of the Domestic Companies with high tax bills are likely to see taxes come down big time which will give their future earnings a major boost that is the key to a higher stock price. However which awe