Hello Martin

I have been watching the VLJ Market closely (That’s Very light jet) - My friend thinks they will just drop down from the sky (And to his favor, he’s an engineer and flies jets all the time), DayJet have started flying their eclipse’s for commercial service now, so it’s really the start of a new era in the commercial private-jet market. I just found out that a company started by a former American Airlines CEO just filed for IPO - The filing is here

You can see a good comparison of different VLJ’s here

It will be very interesting to see how the market reacts to the IPO, and what % will be institutional versus private. Also noted in the filing that Tiger Partners invested, happen to have a meeting there on Tuesday so will try and find out their views on the market

Picked up the topic at Curbed LA - Is an interesting discussion.
With the current meltdown in the mortgage market (Foremost people with bad credit) the question pops up if Rent will go up or down due to it.
So far it seems people think rent will continue to go up, mostly due to the people not being able to cover their mortgage and hence moving in to a rental instead.

There is very very few people i consider to be heroes of epic proportions, but anybody who can make any childs life better is one, it’s simply a pretty extravagant gift to mankind at large

“Have I managed to brighten up one single miserable childhood then I’m satisfied.” - Astrid Lindgren