What is the law of skyscrapers?

The skyscraper law is also known as the tall building curse and Lawrence curse, which means that the construction of the world's tallest building is closely related to the violent fluctuation of the business cycle, and the construction of the world's tallest building is usually a precursor to economic recession.

The construction of skyscrapers represents that the economic development level of a country or region has reached a new height. Building skyscrapers needs strong economic strength and advanced scientific and technological level as the backing, so the higher the building is built, the more prosperous the local economy and the more developed the technology. However, the high-rise buildings are too cold, and the coincidence of high-rise construction and economic depression again and again makes many people feel chilling.

Extended data

Andrew lawrence, a securities analyst at Deutsche Bank, put forward the concept of "skyscraper index" for the first time, because he found that when new buildings are completed, there is often a recession or stock market downturn.

Loose government policies and optimism about the economy usually encourage the construction of large projects. However, when excessive investment and speculative bubbles threaten the economy, the policy will also turn to austerity to deal with the crisis, making the completion of skyscrapers a precursor to policy and economic transformation. This amazing discovery is called the centennial pathological connection: the building was built and declined. Therefore, the skyscraper index is also known as the Lawrence curse.

Baidu Encyclopedia-Curse of Tall Buildings