Writing has been very light. Who am I kidding? It’s been nonexistent. Part of it is that I’ve been very busy with projects, but the other part is that there really hasn’t been much of interest that I haven’t written about over and over before. Enjoy the silence, I figure. I break that silence because … Read more
I am a 100% free market capitalist. In fact, I’m an AnCap (anarcho-capitalist) with strong Austrian economics leanings. So it is rare that I run across a business model that I detest. Yet, Adam Neumann’s new company, Flow, might have achieved that feat. From The Real Deal’s article Neumann reveals his vision for Flow renters … Read more
I’ve been thinking about this topic for a few years now, but felt motivated to write on it after reading Ryan Gorman’s Medium post announcing what he’s working on now with btcRE. Gorman as the former CEO of Coldwell Banker understands real estate better than most people, and yet… there was something I felt was … Read more
I have to go back to work on a number of projects, but… I had to puzzle this out with you all in public. The latest Redfin report on the housing market is… weird. The headline is “mortgage payments hit all time high” as the Fed keeps hiking rates. So the recommendation is for sellers … Read more
This is a public call for help. I’m not ashamed to admit it. I spent the last month or so trying to understand the view that higher interest rates, leading to higher mortgage rates, will tame the crazy housing market. Macroeconomics being what it is — at times, I feel like it’s a mystery wrapped … Read more
In part 1, we covered legal and regulatory challenges to the real estate industry. In part 2, we covered the insane money printing that has devalued the dollar, and stuck the Fed into a corner with no options. But, thanks to rising inflation that no amount of book-cooking can cover up, the Fed has been … Read more
In part 1 of this series, I outlined years of writing, thinking and speaking on the subject of legal issues and regulatory challenges facing the real estate industry. We continue our journey down dark paths with the second horseman of the housing apocalypse. Let me note right at the outset that I am not an … Read more
I haven’t written in a while. Part of it is being extremely busy with work, which I hope to be able to tell you all about soon, but a big part of the reason is dread. I keep looking for white pill stories, visions of a bright future, or at least some kind of a … Read more
[NOTE: I am long OPEN and have been for a while as the self-proclaimed Biggest Bull on Market Maker iBuying in the World. None of this is investment advice or solicitation; it is education/entertainment from an industry analyst perspective.] Q1 of 2022 is when I will mark a major turning point in the history of … Read more