Billionaires Flail About Trying to Beat Mamdani; Wall Street Journal Describes Shambolic Plan to Spend $20 Million
What fun! Billionaires running around all hair on fire over their inabilty to do much to check Mamdani.
Read more...Category Archives: Real estate
Trump’s Self-Destructive Fight with the Fed for Low Interest Rates: His “Fiscal Dominance” Game of Chicken
Trump is fighting another war he can’t win: trying to use interest rates to counter the inflation created by his yawning fiscal deficits.
Read more...Financial Times on Coming Climate-Change-Driven Meltdown in Real Estate: Gradually, Then Suddenly?
A detailed, yet still softball, take on how climate change damage will wreck property values and much of what passes for an economy
Read more...The Senate GOP’s Great Western Land Heist
A buried budget clause could force the largest public land sell-off in modern history, without a vote, a hearing, or a warning.
Read more...Believe It or Not, There Was a Time When the US Government Built Beautiful Homes for Working-Class Americans to Deal With a Housing Crisis
For a short time, the U.S. government not only built houses, it constructed entire communities.
Read more...A Harbinger? Tech Jobs Plunge in San Francisco & Silicon Valley Brings Condo Prices Drop Back to 2015, Single-Family Home to 2018
Software hiriing has been falling for years, and is finally affecting the economies in its heartland, San Francisco and Silicon Valley.
Read more...Abundance vs. Degrowth in a Time of Climate Catastrophe
While Trump’s Liberation Day policies might bring about accidental degrowth, Democrats embrace DOGE-style Abundance. Is there another way?
Read more...Company Accused of Organizing National Rental Housing Cartel Goes on Offense as Trump DOJ Mothballs Price-Fixing Case
In a lawsuit against Berkeley, RealPage contends that using pricing algorithms to coordinate residential rents among mega landlords is “free speech.”
Read more...USDA Cuts Hit Small Farms as Trump Showers Billions on Big Farms
The dollars helped schools and food banks buy from small farmers, boosting the local food system.
Read more...The Structural Transformation of the Public Space: High Street Changes and Populism
An intriguing connection between retail districts and populism.
Read more...Climate Change: Insuring the World of Tomorrow
Leading edge conventional wisdom on the role of insurance as climate disasters increase underestimates the severity of the problem.
Read more...A Fiscal Crisis Is Looming for Many US Cities
US cities, which enjoyed a renaissance after the flight of the 60s and 70s reversed, now face a world of budget hurt.
Read more...How Climate Denial is Fueling a U.S. Homeowners Insurance Crisis and Risking a 2008-Style Financial Meltdown
A climate-change-driven insurance and eventual mortgage/housing price crisis is getting momentum. And unlike 2008, price recovery is unlikely
Read more...How Climate Change and Widespread Unaffordable Home Insurance Will Wreck Property Values
The death spiral of home insurance in climate afflicted areas has begun. The will and means to tackle underlying issues are sorely wanting
Read more...Wolf Richter: DOGE Seeks to Shed Vast Amounts of Government Office Space. Here’s How Much the Government Leases, and Where, and What Leases it Can Shed During Trump’s Term
For CRE, the motto in 2024 was “Survive till 2025” via extend-and-pretend. Now it’s 2025, and here comes the government’s office space.
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