Monday Reads

It's 2016 and we are BACK! Client letters are going out in about a week.

In the meanwhile, some things to read from the weekend:

Thousands of downtown Detroit apartments are on the way

This happened pretty quickly - downtown Detroit is now starved for new rental capacity. A great reminder of how just about everything is cyclical.

"Developers estimate the greater downtown needs 3,000 to 5,000 new rental apartments — enough to keep construction crews busy for the next few years at least. Beyond projects already under construction, there are many others close to breaking ground."

The Science Behind Vacation Constipation

I've actually always wondered about this. Thankfully, wasn't a problem for me this weekend.

"By one estimate, as many as 40 percent of people experience constipation while they’re away from home, due partially to their gut bacteria’s reaction to the change of setting."

Driverless Cars Are Going to Kill Insurance Companies

The US spends more than 1% of gross domestic product on auto insurance premia. What happens to those cash flows when robots start erasing car accidents?

“The only wreckage they’re going to leave behind is going to be the corpses of the scores of companies who make a killing on car accidents.”

Uber’s No-Holds-Barred Expansion Strategy Fizzles in Germany

An interesting study in differences in culture. Uber's aggressive, take-no-prisoners, disrupt everything approach was rejected by customers as well as potential allies in Frankfort, Hamburg, and Düsseldorf.

“'That might work in the U.S., but that’s not how things are done here in Germany,' said Mr. Müller, 37. 'Everyone must respect the rules.'”