as usual @jonathanjmiller.bsky.social is correct about the likely impact of the FARE Act on the rental market - that tenants will pay more in rent to cover the cost of brokers housingnotes.com/fare-act-pro...
The latest #FHFA mortgage policy dirties the data - The latest issue of #HousingNotes just dropped: Droning On About Data Cancer In Your Comps https://buff.ly/3VCiucn
- Appraisal Waivers Are No Free Lunch
- Data Cancer Is A Serious Problem
- Fannie Mae Is Going Rogue
Thx Joe, I like it here!
From The Latest Issue Of Housing Notes: The Cult Of WeWork And The FOMO Of Flow https://buff.ly/3ZDBnOR #FOMO
- Adam Neuman Is Personally Worth 110 Times The Value Of WeWork
- His 2022 Miami Startup Flow Is Backed By a16z, A Leading VC
- His Investors Seem Driven By FOMO, Not The Potential Upside
Home insurance in areas hit by repetitive disasters is going to be the number one housing affordability issue over the next 4 years. And possibly going into the midterms.
More so than interest rates. Florida in particular is going to have huge problems.
Starting to think about the next batch of books to read.
I love 404’s journalism and podcast - so glad I subscribed - recommending the site to everyone I can think of.
Coming March 18:
"How Not To Invest: The ideas, numbers, and behaviors that destroy wealth - and how to avoid them."
ritholtz.com/2024/11/comi...
Torsten is such an excellent source for housing insights.
The 30-year was 7.29% a year ago and 6.08% but poised to fall just two months ago. Lots of volatility #bringbackboring
Housing Notes just dropped: https://buff.ly/3ZosiJF
-Remembering The Alice Of Alice’s Restaurant Fame
-Premium Grocery Brands Like Whole Foods, Drive Apartment Rents Higher
-The “Third Place” In A Neighborhood Such As Starbucks Fosters Entrepreneurialism
