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Newsletter

US Housing Is Cracking. The Real Problem Is Land

The US housing market is showing clear signs of weakness. Lennar, one of America’s biggest housebuilders, has seen its share…

Mamdani is freezing your rent! Will it work?

Suppose you have a terrible toothache. An over the counter painkiller can reduce the pain for a while. But it…

A Lifetime of Paying Interest

At first glance, cheaper mortgages that help first-time buyers seem benevolent. The stated aim is to help lower-income families enter…

SpaceX: the ultimate collector of (space) real estate and rent

Aerospace company SpaceX made out like a bandit when it went public earlier this month. A total of $85.7 billion…

Understand this and you’ll see where real power comes from

We often measure progress with numbers. Economic growth. Investments. New buildings. But there’s a more important question: Who benefits from…

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