DID YOU KNOW? What will the world economy look like in 2050? According to a recent report by PWC, the cumulative global GDP growth between 2016 and 2050 will be 130% while the projected share of China of the world's GDP at PPPs by 2050 will be 20%. (Estimated) Ranking in 2050 by Country:
- United States
- United Kingdom
Emerging markets could grow almost twice as fast advanced economies on average. Note how Italy and France fall from the TOP 10 world economies.
DID YOU KNOW? Today, more than 50% of the world's population live in urban areas. 1.5 million people are added to the global urban population every week. 90% of this urban population growth will take place in African and Asian countries with rapid urbanization placing huge demands on infrastructure, services, job creation, climate and environment. This global urban transition presents significant opportunities too, with vast potential for emerging cities to act as powerful and inclusive development tools. (PWC)
DID YOU KNOW? In 2015, 85% of global GDP was generated in cities.
DID YOU KNOW? While sustainable cities occupy only 0.5% of the world’s land, cities consume 75% of its natural resources and account for 80% of global greenhouse gas emissions.
DID YOU KNOW? Rents increased 3% for the full year 2018. High-end segment rent growth accelerated and low-end segment decelerated in December 2018 compared with December 2017. Houston had the slowest annual rent increase of the 20 analyzed areas in December. U.S. single-family rents increased 3.1% year over year in December 2018, up from a 2.9% increase in December 2017. Single-family rents climbed steadily between 2010 and 2018. Annual rent increases have stabilized, fluctuating between 2.7 - 3.2% for the past 12 months. Rent increases averaged 3% for full year 2018, a pick up from 2.7% in 2017. Rents on lower-priced rentals increased 3.7% year over year and higher-priced rental homes (rents more than 125% of the regional median rent) increased 2.9% year over year. (CORELOGIC)