Miami’s Biggest Boom Ever, Says Billionaire Perez
Original Report
Jorge Perez, the billionaire founder of Related Group and a defining force behind Miami's real estate boom, sat down with Matt Miller at Bloomberg House Miami for a wide-ranging conversation. He...
Jorge Perez, the billionaire founder of Related Group and a defining force behind Miami's real estate boom, sat down with Matt Miller at Bloomberg House Miami for a wide-ranging conversation. He discussed the city’s unprecedented growth, the influx of capital and talent reshaping South Florida, and the policy and business dynamics driving Miami’s emergence as a global hub. (Source: Bloomberg)
Glass House Analysis
Housing sits at the intersection of economic policy and the American Dream. For most families, their home represents their largest asset and their primary path to building generational wealth. When housing becomes unaffordable, the social fabric frays—young people delay family formation, workers can't relocate for better jobs, and communities lose the stability that comes from homeownership.
International economic policy has concrete impacts far beyond diplomatic circles. Tariffs show up in the price of goods at stores, supply chain disruptions affect whether products are on shelves, and trade tensions can mean job losses in export-dependent industries. The globalized economy means that decisions made abroad can affect workers and consumers domestically.
The implications extend beyond the immediate news cycle. Every economic development creates ripples that affect employment, prices, and opportunities in ways that may not be immediately visible but are deeply felt. By tracking these connections, we can better understand how the economy truly works—not as an abstract machine, but as a human system shaped by and shaping the lives of millions.
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Friday assorted links
1. Does trade cause peace? (FT) 2. Where the goblins came from. 3. The next big advance to come from AI? 4. Georg Baselitz, RIP. And now in English. I am happy to own a print of his, one of the...