Tag Archives: Property

  • Insider

    Doing ‘Retreat’ Right

    What to look for when assessing location
    by charleshughsmith

    Friday, March 31, 2017, 5:08 PM


    Executive Summary

    • Understanding the difference between Artificial and Economically-Viable Communities
    • What to look for in a retreat community
    • Why regional assets matter
    • The importance of "path dependence" in a retreat location

    If you have not yet read Part 1: Having A 'Retreat' Property Comes With Real Challenges available free to all readers, please click here to read it first.

    In Part 1, we considered the nature of security and independence, and found that the intuitively appealing remote cabin in the woods (RCITW) is actually highly insecure and does not reduce dependence on fragile global supply chains at all—it may well increase our dependence and vulnerability to disruptions.

    Security is a function of an engaged community (eyes on the street, knowing one’s neighbors, reciprocity of caring) and occupancy. The remote cabin that’s rarely occupied is the acme of insecurity.

    Here in Part 2, we’ll consider the qualities that create security and resilience in communities.

    Artificial Communities vs. Economically Viable Communities

    If we reckon a community is a collection of dwellings, we might be tempted to view all collections of dwellings as being roughly equal. This would be a great mistake, for communities divide very naturally into artificial communities and economically viable communities.

    In artificial communities, security is poor and difficult/costly to improve.  In economically viable communities, the multiple layers of stakeholders provide self-reinforcing homegrown security.

    Artificial communities are consumer communities—they produce essentially nothing. Economically viable communities produce goods and services as a function of their natural-resource advantages (good soil, adequate water, river ports, coastal harbors, advantageous weather, etc.) and concentrations of capital (rail lines, banks, universities, an entrepreneurial culture supported by local government, etc.).

    History has not been particularly kind to defensive strategies, which is what most artificial communities are. This is why…

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  • Blog

    Having A ‘Retreat’ Property Comes With Real Challenges

    About that bug-out plan...
    by charleshughsmith

    Friday, March 31, 2017, 5:07 PM


    A flurry of recent headlines has highlighted the financial elites’ interest in secure retreats (a.k.a. bug-out locations) should the trucks stop rolling. 

    The intuitive solution to many, from the super-wealthy on down, is some version of a hideaway in the woods: a remote locale known only to the owner, where the owner can burrow safely away until the storm passes.

    It turns out security and independence are tricky qualities, and surprising reversals are not just possible but likely: what appears to be secure at first glance might be highly insecure, and independence turns out to be highly relative.

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  • Blog

    Guest Post: Investing In One Lesson

    by machinehead

    Friday, September 17, 2010, 1:20 AM

    by machinehead

    Many of you will recognize today’s author from his insightful comments that appear frequently across ChrisMartenson.com.

    It sucks to try earning income from investments these days. Until about ten years ago, most folks assumed they could make an easy 5 percent from safe, risk-free vehicles such as T-bills or CDs. With $500,000 saved, you could generate $25,000 in annual income. Them days are gone! Today, thanks to the Federal Reserve’s Japanese-style ZIRP (Zero Interest Rate Policy) regime, one-year T-bills yield only 0.25%, while one-year CDs average 1.25% — a mere $6,250 annually on a $500,000 account.

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  • Blog

    Daily Digest – Jan 9

    by Davos

    Thursday, January 8, 2009, 11:59 PM

    • Obama taps spending watchdog, eyes Social Security
    • Obama calls for a whole new approach to end crisis
    • Obama warns of dire consequences without stimulus
    • The end of the financial world as we know it (hat tip Luke)
    • Obama assembles powerful west wing (Where is Chris Martenson?)
    • TARP wiped out by downgrades
    • Huge mortgage rally…
    • Same stores sales… down, but not out
    • MBA says commercial real estate market coming under pressure
    • Commercial property loses shelter
    • Flight to safety in 09, USD, gold, Euro, Yen
    • Paulson speaks (video)
    • Joseph Stiglitz and Martin Feldstein discuss stimulus (Charlie Rose video)

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