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Morgan Housel • The Psychology of Money: Timeless lessons on wealth, greed, and happiness
Why We Should Be Optimistic About the Future
podcasts.apple.comOlder people tend to prefer fixed incomes, and new families need somewhere to live. When the population grows, the demand for new housing stock tends to raise long-term interest rates, while an aging population creates demand for long-term assets and therefore pushes those rates down.
Byrne Hobart • Boom: Bubbles and the End of Stagnation
New Yorkers are now eating dinner at 5.30pm, while Gen Z is shaping up to the most sober generation in US history. Welcome to the Introvert Economy, Allison Schrager writes for @bloombergopinion.
The pandemic forced Americans to stay home — and some found it preferable to going out. Odds are, it will... See more
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New study: The relative wage premium for going to college has halved for low-income Americans since 1960.
What is to blame? Rising selectivity? Tuition hikes? State disinvestment? We decompose changes in the premium since 1900 to find out.
🧵#EconTwitter https://t.co/2DYx3AnI8i... See more
My buddy Jay Seiden from Cushman & Wakefield always popular SF commercial real estate q2 report is out.
He is a stubborn boomer and not on here so I repost it.
TLDR: We have settled in a trough at 34.5% vacancy and 45% office attendence.
Shit is ugly if you own... See more
Zach Coeliusx.com
The Double Whammy - Above average growth plus an above average P/E
Case study - $SCHW https://t.co/aehOP37Pyn
Raising children in the best possible environment is a solid reason to relocate. But today’s tough real estate market has slowed migration. In 2023, about 26 million people moved, way down from nearly 43 million in 2019, according to the Census Bureau. All the more reason for parents to carefully consider local resources, support systems, living... See more
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