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The Skyscraper Index

#1 User is offline   cobran20 

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Posted 17 January 2012 - 07:44 AM

It's pointing the bone at India & China now.

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#2 User is offline   mattau 

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Posted 17 January 2012 - 03:30 PM

really?
LOL
i hadn't heard of this kind of index before - but i am doubtful how reliable it is
" a correlation between construction of the next world's tallest building and an impending financial crisis"
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#3 User is offline   cobran20 

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Posted 17 January 2012 - 09:36 PM

View Postmattau, on 17 January 2012 - 03:30 PM, said:

really?
LOL
i hadn't heard of this kind of index before - but i am doubtful how reliable it is
" a correlation between construction of the next world's tallest building and an impending financial crisis"


Those skyscrapers tend to get built when people are uber bullish with high expectations for the future. Nobody is going to pay for building one unless they expect a big return. As I see it, they're an expression of extreme excess, which tends to happens towards tops. Having said that, this study apparently found no correlation between height of skyscrapers being built and the business cycle!
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