Chung-Hong Fu: Managing Director Economic Research and Analysis VIEW PDF The U.S. housing market has been something of a conundrum. Since 1968, housing starts have averaged approximately 1.4 million units annually. Yet, since the Great Financial Crisis nearly 20 years ago, annual housing starts have struggled to consistently surpass that level. The result is [...]
On July 11, the 21st Century ROAD to Housing Act (the “Housing Act”) became law. The Act’s goal is to make housing in the United States more affordable by encouraging both new home building and more spending on home improvement. Timberland investors stand to benefit.
Chung-Hong Fu: Managing Director Economic Research and Analysis VIEW PDF For all their differences, timberland, and infrastructure share something fundamental. Infrastructure, by definition, is physical assets that provide essential services to society and allow economies to function. Seen that way, timberland is nature’s infrastructure. Forests deliver services society depends on and the economy is [...]
Firm's Fourth Annual Report Highlights How Sustainability Principles Are Embedded in Day-to-Day Forest Management
Chung-Hong Fu: Managing Director Economic Research and Analysis VIEW PDF Movements in lumber markets are often viewed as a leading indicator for timberland performance, with rising prices signaling stronger timber prices and improved portfolio returns. In reality, the relationship between lumber, timber, and timberland returns is more nuanced and less direct than commonly assumed. In [...]
