โข
Trillions in hidden distress and deferred losses are emerging as borrowers run out of time and options. America’s debt reckoning has begun.
โข
April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserveโs cautious stance on interest rates.
โข
Home prices and financing costs are still high, but several indicators suggest the market has moved past peak distortion.
โข
A few cooling markets have sparked claims that housing reform is no longer necessary. Post-COVID adjustments shouldn’t distract us from the long-term problem.
โข
True reform means cutting them now and eliminating them over time.
Rising prices make us look for someone to blame, but the broken market has a simple cause: it’s illegal to build enough homes.
โข
Risk migrated outside traditional banks, but insolvencies and widening credit spreads are raising questions about leverage and liquidity strain system-wide.
โข
If we want affordable, accessible, mid-rise construction, we need more elevators. Why are we building so few of them?
โข
Private investment can deliver new rentals at scale, but few will want to build if NYC makes it impossible to charge market rates or remove delinquent tenants.
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
โข
Trillions in hidden distress and deferred losses are emerging as borrowers run out of time and options. America’s debt reckoning has begun.
โข
April inflation data suggest price pressures are becoming broader and more persistent, reinforcing the Federal Reserveโs cautious stance on interest rates.
โข
Home prices and financing costs are still high, but several indicators suggest the market has moved past peak distortion.
โข
A few cooling markets have sparked claims that housing reform is no longer necessary. Post-COVID adjustments shouldn’t distract us from the long-term problem.
โข
True reform means cutting them now and eliminating them over time.
Rising prices make us look for someone to blame, but the broken market has a simple cause: it’s illegal to build enough homes.
โข
Risk migrated outside traditional banks, but insolvencies and widening credit spreads are raising questions about leverage and liquidity strain system-wide.
โข
If we want affordable, accessible, mid-rise construction, we need more elevators. Why are we building so few of them?
โข
Private investment can deliver new rentals at scale, but few will want to build if NYC makes it impossible to charge market rates or remove delinquent tenants.
A viral housing statistic has captured headlines and fueled frustration. But the emotionally satisfying data rests on shaky methodology, identifying the wrong problem.
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