.Josh Barro: 'I cannot believe this emotionally incontinent young person and his friends are driving a national news cycle'
joshbarro.com/p/stop-letting…

Housing affordability got cooked—FAST

🏡🧑‍🍳

The fastest ever deterioration

Considering U.S. home prices, mortgage rates, and incomes, national housing affordability is now hovering around the most strained levels in 4 decades

So according to Gallup, America has the least confidence in our national institutions of any G7 country and the largest increases in anxiety/depression among young people even tho govt statistics show we’re out-growing the G7 and income inequality is falling.

What’s going on?

The moment at which ⁦Columbia University⁩ defined its own faculty as posing a threat to the safety of members of our community. An insult which dishonors only those making it!

Yep ...

The lock-in effect has impacted every housing market across the nation

FHFA researchers, including Will Doerner 🏠 📈, published a 52-page working paper in looking at the lock-in effect—ResiClub reached out to get their regional analysis

ResiClub PRO
resiclubanalytics.com/p/lockin-effec…

Oracle Has More Office Workers in California Than Texas After Moving HQ: 'Oracle’s largest chunk of US employees aren’t assigned to any office at all. Roughly 37,000 US staffers are classified as remote workers' bloomberg.com/news/articles/…

Exactly as predicted. Almost every technological or communication advanced does similar ...

'In the typical metro area for which we have data, people are now about 36% more likely to work for managers in another metro area than they were before the pandemic' wapo.st/3Wi3ZM2

Household wealth for those under 40 in the U.S. is up 49% from its pre-pandemic level, according to a new analysis.

Young households haven't seen wealth growth like this since the Federal Reserve first started tracking this data in 1989. trib.al/46940ah

Who Woulda Thunk ... wsj.com/real-estate/lu…

SofC Distinguished Scholar-in-Residence + Rotman School prof Richard Florida most recent blog for SofC looks at how TO’s downtowns stack up among downtowns globally as places not just to work, but also to shop, go out, have fun, live and raise a family: schoolofcities.utoronto.ca/how-torontos-d…

More data showing how the doom and gloom media spin on Austin & Texas is false.

In relative terms Austin’s tech sector employment growth is outpacing Silicon Valley and Seattle.

(🙏 Joey Politano 🏳️‍🌈 for sharing this)

Boeing's 'board now leans towards moving headquarters away from its current location in Arlington, Va., and back to the Seattle area'

| Fortune fortune.com/2024/04/27/boe…

I’ve now walked in four parts of Buenos Aires I was told I’d either be mugged, robbed, or murdered in and all were fine. Some got a little rough in places, but not at all threatening, and nothing like the US

Some places in world are very dangerous, and you shouldn’t go without

“But no boom lasts forever, and Oracle’s departure is a reminder that folks can move in both directions. What happens when the influx slows—and we’re left with our own atrophied mechanisms for generating growth ...” texasmonthly.com/news-politics/…

Detroit ...

Thread ... income of course is a great constraint ... housing prices were surely come back into line at some point. The question is when.