News

Landmark Links January 29th – This Old House

Must Read: If current development trends hold, by 2037, 45% of the US housing stock will have been built before 1970, according to the NAHB.  This is yet another data point that helps to explain why home improvement stocks like Home Depot and Lowe’s have outperformed the homebuilders by such a wide margin over the […]

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Landmark Links January 25th – Out in the Cold

Must Read: One would think that recent increases in for-sale housing inventory would benefit middle-class buyers but that is not, in fact what is happening.  In many parts of the US, price gains have slowed but the number of units on the market that a middle-income family can actually afford has declined. Economy Writing Is On […]

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Landmark Links January 22 – Substantial Impediment

Must Read: The Federal Reserve published a study last week that looked at student loan borrowers from 2005 – 2014 and concluded that the $1.5MM in outstanding student loan debt has translated to 400,000 less Millennial home owners. Economy Help Wanted: America’s tremendous need for skilled immigrants isn’t going anywhere. The Real Problem: While a trade agreement […]

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Landmark Links January 18th – Potentially Explosive Development

Must Read: UK regulators have given the go ahead for a new type of property exchange called IPSX where investors can trade shares in individual properties.  If successful, this could eventually become an alternative to REITs.  IPSX hopes to launch its first property IPOs by the end of the first quarter of 2019. Economy Uneven […]

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Landmark Links January 15th – Adding Some Teeth

Must Read: For fifty years, California has required cities and counties to submit plans for enough new housing units so that residents of various income levels can live affordably.  However, many local governments have treated this planning exercise as something between a formality and a joke and have failed to approve anything close to enough […]

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