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X @Nick Szabo
Nick Szabo· 2025-10-31 17:48
RT unusual_whales (@unusual_whales)Long term performance of stocks vs housing, per WSJ: https://t.co/fxYnRE1sXw ...
X @Nick Szabo
Nick Szabo· 2025-10-22 03:01
RT Shanaka Anslem Perera ⚡ (@shanaka86)The hidden punchline in your table … the CPI of life (house + healthcare + college) compounds faster than cash.Implied from your numbers (1990→2024):• Housing: ~2.6× price rise ⇒ ~2.8%/yr• Healthcare: ~4.0× ⇒ ~4.2%/yr• College: ~6.5× ⇒ ~5.7%/yr• Money-market: ~2.56× ⇒ 2.8%/yr• Gold: ~6.84× ⇒ 5.8%/yrSo a saver riding money-markets roughly kept up with generic CPI, but fell behind the “life basket” that actually matters (tuition, care, shelter). Gold, with a scarcity-dri ...
X @The Economist
The Economist· 2025-10-17 20:00
A newly signed housing bill rezones state land around busy public-transport stops to allow for taller residential buildings. It slaps hefty fines on cities that try to deny such buildings a permit. But there are still plenty of details to be worked out https://t.co/nH7q11dAq1 ...
X @Easy
Easy· 2025-10-16 21:55
Debate Focus - The debate is expected to heavily feature the "Yes" side, given the total count from all speakers [1] - Key topics for the Mayoral Debate include public safety & Rikers, housing, rents, zoning, affordability with a $34 Billion gap, schools (charters, G&T), transit (free buses?), migrant services & shelter, business climate & jobs, governance & ethics [2] Specific Propositions - The majority of betting lines are on the "Yes" side [2] - Specific propositions being considered include "Public Transport 3+ Times" (YES), "Rent Control / Rent Controlled" (YES), "Defund / Defunding" (YES), "Rikers / Manhattan" (YES), and "Charlie / Kirk" (NO) [2]
Fed's Miran Says He's Ready to Change His View on Inflation If Housing Jumps
Bloomberg Television· 2025-10-03 14:48
Monetary Policy & Economic Data - The FOMC (Federal Open Market Committee) typically meets every six weeks to vote on monetary policy [3] - Access to high-quality data is crucial for monetary policy decisions, but decisions aren't made daily [2] - The industry emphasizes forward-looking policies, considering future expectations for inflation and output gap [4][17] - Financial conditions are the channel through which monetary policy operates [27] - Monetary policy works with lags, making it inappropriate to solely rely on backward-looking data [16][17] Inflation & Housing - The industry expects a significant disinflation in the services component of inflation indices, driven by shelter costs [7] - Housing costs, particularly rent surges and shelter cost increases, are a major component of inflation indices [5][6] - Immigration shocks have impacted housing rents, initially pushing them up and potentially reversing to negative net migration [35] - Services inflation, particularly driven by housing/shelter costs, is considered the most persistent and sticky part of inflation [33] Neutral Rate & Economic Growth - The speaker's conception of the neutral rate is around 05% (a half), based on a weighted average of model-implied and market-implied rates [9] - Policies like deregulation can expand the potential output of the economy faster than actual output, creating a positive output gap [13][14] - Fiscal deficits in February through August are about $400 billion at an annualized rate below the comparable period in the previous fiscal year [28] Tariffs & Trade - The elasticity of demand in imports is much higher than the elasticity of supply, suggesting foreign producers bear the burden of tariffs [40] - Flat import prices could be due to a weaker dollar offsetting the decrease in dollar prices from tariffs [45] - The speaker compares prices of import-intensive core goods to overall core goods to assess the impact of tariffs on inflation [54]
Fed's Miran Doesn't Think the Neutral Rate Is Zero
Bloomberg Television· 2025-10-03 14:24
Monetary Policy & Data Dependency - The Open Market Committee member emphasizes the utmost importance of high-quality data for monetary policy decisions [2] - The member hopes to receive necessary employment and inflation data before the next voting decision in approximately six weeks [2] - The member expresses uncertainty about the continuation of rising food and gas prices [3] Inflation & Housing Costs - The member believes a significant disinflation will be driven by shelter costs, influenced by population growth changes [5] - The member expects to see some reversal of rising prices [4] - Housing costs are identified as the largest component of the inflation process [4] Economic Outlook & Neutral Rate - Current conditions include inflation at approximately 3%, unemployment at 43%, and growth in the third quarter [5] - The member's concept of a neutral rate is around 05% based on a weighted average [6] Policy Impacts & Deregulation - Past policies, such as high population growth and large fiscal deficits, were seen as pushing interest rates higher [6] - Deregulation is expected to accelerate, expanding output by removing regulations [9] - Policies can expand the supply side and potential output [8]
X @Bloomberg
Bloomberg· 2025-10-03 04:15
Labour's efforts to pitch plans for the UK's first new towns in half a century as "build, baby, build" oversell the likely effect on housing, argues Matthew Brooker (via @opinion) https://t.co/RcisNdVnmq ...
X @Ansem 🧸💸
Ansem 🧸💸· 2025-09-02 23:44
RT SightBringer (@_The_Prophet__)The script handed down - stay out of trouble, get your degree, climb the ladder - was written for a world that no longer exists.It worked when capital was anchored to production, when wages tracked productivity, and when assets weren’t financialized into instruments of rent extraction. That world is gone.Here’s the real truth:1. Wages decoupled from wealthSince the 1970s, productivity has continued to rise while wages flatlined. The difference didn’t vanish - it was captured ...
X @The Wall Street Journal
The Wall Street Journal· 2025-08-22 21:13
Housing Development - A U S commuter town outside New York City is building thousands of new apartments [1] - The town is slicing through red tape to facilitate new housing construction [1] Community Impact - Cities across the U S often face community opposition when building new housing [1]
Meet the oyster farmer-turned-candidate making waves in Maine
MSNBC· 2025-08-20 22:00
I want to get this race on your radar early. Main Senate, where Susan Collins, the Republican incumbent, just got a pretty unknown challenger. His name's Graham Platner, and here's why you should be paying attention.>> He has just kind of exploded on the scene. I heard from somebody on a local school board that he was the talk of the meeting last night. A couple of people said they had already donated to him.Veteran, young oyster farmer. There's a huge aquaculture industry booming uh in Maine right now. Har ...