Real Estate

Aspen’s tiny homes for teachers illustrate how Americans are getting boxed in by real-estate prices

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John Fisher, a high-school woodworking teacher in Aspen, Colo., has helped students to build tiny houses like this one for school district employees. ‘Going to be cozy,’ Mr. Fisher says of the houses.Photography by Nathan VanderKlippe/The Globe and Mail

John Fisher steps into the shell of a small structure that his students have steadily been building into a future home for one of their teachers. The teenagers that walk the halls of his school, Aspen High, include the scions of America’s most storied business dynasties. Descendants of the families that built Hilton hotels and Walmart have attended this unique institution, with its parking lot that connects to a chairlift climbing the nearby slopes.

But the home these students are building would make a tight fit for corporate royalty. Mr. Fisher, the high school’s woodworking teacher, laughs when he describes its key feature: “Efficiency,” he

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Real Estate

Ontario Teachers' CEO on inflation, real estate and opportunities

Chief executive Jo Taylor speaks with the Financial Post’s Barbara Shecter about the pension’s strategy

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Geopolitical uncertainty and macroeconomic headwinds pushed some of Canada’s top institutional investors into negative territory in 2022, but not the Ontario Teachers’ Pension Plan. The country’s largest single professional pension eked out a respectable four per cent return for the year, leaving it with $247.2 billion in assets and on track toward its goal of $300 billion by 2030. The Financial Post’s Barbara Shecter sat down with Teachers’ chief executive Jo Taylor to discuss the fund’s strategy, how it’s navigating inflation and where it’s

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