Where Did My Renter Go?, The Cost of Staying Warm, and Solar Canals

Click to download our newsletter in its entirety
Click to download our newsletter in its entirety

Finally, we close with brief comments on Where Did My Renter Go?, The Cost of Staying Warm, and Solar Canals.  First, renters continue to flee cities.  After over a decade long boom, New York City data show Manhattan apartment rental vacancies at the highest level since 2006.  This plunge in vacancies led to a massive drop in rents, with overall rents down over 10% including incentives.  For landlords, it is: Where Did My Renter Go?  Second, insulation demand continues to soar with the recovery in Housing.  Insulation manufacturers, which put expansions on hold with the lockdown, find themselves sold out with no new capacity coming online until late 2021 or early 2022.  With supply tight, price increases of 4%+ were recently announced with more expected over the next year.  For those in need of insulation, The Cost of Staying Warm will continue to rise.  And Third, India devised a novel method of providing solar energy without using up valuable land.  It put the panels on floating structures on top of canals.  Not only does this create electricity for villages in remote areas, but it prevents evaporation, providing a twofold benefit.  This novel invention of Solar Canals is expected to be broadly used across the country and elsewhere in the world.



Confidential – Do not copy or distribute.  The information herein is being provided in confidence and may not be reproduced or further disseminated without Green Drake Advisors, LLC’s express written permission.  This document is for informational purposes only and does not constitute an offer to sell or solicitation of an offer to buy securities or investment services. The information presented above is presented in summary form and is therefore subject to numerous qualifications and further explanation.  More complete information regarding the investment products and services described herein may be found in the firm’s Form ADV or by contacting Green Drake Advisors, LLC directly.  The information contained in this document is the most recent available to Green Drake Advisors, LLC.  However, all of the information herein is subject to change without notice.  ©2020 by Green Drake Advisors, LLC.  All Rights Reserved.  This document is the property of Green Drake Advisors, LLC and may not be disclosed, distributed, or reproduced without the express written permission of Green Drake Advisors, LLC.


Get Your Speaker Package.

Book Paul or Steve as your speaker for your next event. Click Here