Lead Story… Why are entry level home prices rising so quickly? Simple. Because not enough are being built to keep up with household formation.
Disconnect: with the economy slowing, the best argument for higher rates might now be the misallocation of capital caused by a 0% Fed funds rate.
Puzzling: if so many people are part of the so-called Gig Economy then why are so few self employed? See Also: We are doing a terrible job of measuring the modern workforce and the government knows it.
Belly Up: Lots of hedge funds bet big on the price of oil recovering and now they are paying the price.
Boom, Bust and Recovery: Fascinating maps from the Philly Fed show America’s boom, economic collapse and comeback.
Jet Fuel: A restrictive development climate and an influx of well paid tech workers create the perfect storm for soaring home prices.
Gold Mine: investors to are seeing higher rents on older homes outside of primary markets.
Laboring: The labor shortage is hitting big home builders where it hurts the most – the bottom line.
Blah: The September New Home Sales report basically stunk up the joint.
Office Space: here are the hottest office markets in the US.
On the Rise: Multi-family lending rose 13% in 2014.
Battle of the Billionaires: Sam Zell believes that the apartment market is nearing its top. Barry Sternlicht believes that it still has a long way to go. Both billionaires are putting their money where their mouths are and they both can’t be right.
The Box that Built the Modern World: How the shipping container revolutionized the logistics business and made distance irrelevant.
Fake it Till You Make it: Websites that sell fake reviews for products and businesses on sites like Amazon and Yelp are increasingly becoming a big business. Amazon and Yelp are fighting back.
Rise of the Machines: Here’s why Uber will eventually need to use self driving cars in order to achieve its lofty growth projections. See Also: Ride sharing apps are putting the screws to the taxi medallion lending industry.
Vegan Conspiracy: I’ve never wanted a study to be discredited as much as I want this one to be.
Long National Nightmare is Over: Apple has added a taco emoji (and a middle finger emoji) in it’s latest iOS update.
Inelastic: California growers are struggling to raise prices to compensate for increased costs related to the drought.
Chart of the Day
Dahmer Dogs? A new study finds that 2% of hot dogs contain human DNA. Yes,human DNA.
May the Force Be with You: an artist in the Ukranian city of Odessa turned a Vladamir Lenin into a statue of Darth Vader as part of an effort to “decommunize” the country.
Young Entrepreneurs: meet the teen brothers from Washington arrested for pimping.
Makes Sense: New study finds that the louder the monkey, the smaller it’s….. A more accurate summary of American politicians has never been written.
Landmark Links – A candid look at the economy, real estate, and other things sometimes related.
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