Is the Great Lakes region the ultimate Climate Haven? 🌊
With over $15T in real estate at risk from floods & fires, I explore why the Midwest is seeing a pricing boom.
Low risk, low cost, high quality of life. Is it time to move? 🏡
youtu.be/9J2GjGixcQc
The housing market is hitting stagflation. Jobs are cooling, but the unauthorized war in Iran is keeping oil prices and rates high. Sellers are losing patience and re-listings are at a decade high, giving buyers more leverage.
Holy cow, rates up to 6.53% today! A borrower putting 20% down on a $600,000 home would pay $168 more now than they would have the day before the U.S. bombed Iran when rates were 5.99%. War is costly in innumerable ways, including the cost of homeownership.
If we want more people to be able to live in Manhattan on a modest salary, we don't need more rent stabilized apartments we need many, many more 380 sq ft apartments like this woman has.
www.nytimes.com/interactive/...
Is Wall Street buying every house? Data says no. 🏠 Mega-investors own <1% of homes. The real culprits? A 4M-home shortage, NIMBYism, and the lock-in effect. Small mom & pop"landlords (22%) dwarf big firms. Watch for the full breakdown! 📊
youtu.be/78OrLE4DC9M
Just want to acknowledge how weird it feels to talk about housing when innocent people are dying www.nytimes.com/2026/03/05/w...
The housing market is hitting stagflation. Jobs are cooling, but the unauthorized war in Iran is keeping oil prices and rates high. Sellers are losing patience and re-listings are at a decade high, giving buyers more leverage.
Even though I'm an economist, I wish there was more focus on the human suffering from this war and less focus on the economic consequences. Hundreds of little girls are dead, and we're worried about oil prices.
I actually deleted that chart on Twitter because it's based on metro data and the city data tells a messier story..sorry!
I shit you not...Bert Kreischer discusses "The High Cost of Free Parking" with Pete Holmes at the 35 minute mark
music.youtube.com/watch?v=aQjx...
The Road to Housing Act has gotten a lot of attention for banning institutional investors. That ban won't make housing more affordable, but the rule changes around manufactured homes could!
Lets cut the bad parts and keep the good, and get this act passed.
Florida condo owners lost $60,000 in equity in one year. Orlando condo owners gained 11%. Same state. Same year. I break down exactly why — and what happens next.
youtu.be/DMI7VZ36_Rk
My latest Youtube video (please subscribe, I'm really trying to do this for real now)
Is Gen-Z completely priced out of homeownership—or are market shifts creating new opportunities?
www.youtube.com/watch?si=-Ig...
California already upzoned every single family lot. But the lots aren't being developed because existing homeowners are incentivized by the tax system to stay until they die.
California’s housing market is officially a landed gentry system. 🏠
New data from the Wall Street Journal: 1 in 5 of CA home transfers are now inheritances—double the US average.
Does CA need to end Prop 13 to save the American Dream? 🧵👇
Come see me on the Planet Money book tour!
Get your tickets and reserve your spot before its too late 🪐💵
My latest Youtube video (please subscribe, I'm really trying to do this for real now)
Is Gen-Z completely priced out of homeownership—or are market shifts creating new opportunities?
www.youtube.com/watch?si=-Ig...
Rochester, NY has the highest bidding war rate of any US metro
My map is *share* of homes sold for above list price. Your meme doesn't make any sense.
The negative correlation between pandemic construction and share of homes currently selling above list.
🏗️The places that built the most housing during the pandemic have the fewest bidding wars, and the places that neglected to build have the most. 🏘️
See percent of homes selling above list price by county.
67% of Gen Z are struggling to afford their housing costs according to a recent Redfin report. 🏠📉
Between high rents, and a weak labor market, the struggle is real.
Rents are coming down in the places that built the most during the pandemic: the solution is to build housing! 🏗️
@juanmoisesdelas.bsky.social could you send me the paper with the result you referred to? Daryl.fairweather@redfin.com. thanks
The housing markets that had the biggest pandemic booms in home prices are now the markets where it the most difficult to sell.
See this graph showing the negative (-45%) correlation between share of home listings sold in two weeks in Jan 2026 and price growth from 2020-2022
Florida, Texas, Michigan, Nebraska, and Wyoming are moving to cut/eliminate property taxes. 🚨
Great news, right? Not if you’re trying to buy your first home. You'll be trading yearly taxes for higher home prices and increased sales tax.
My manager told me I wasn't ready to be chief economist.
I already had the offer from Redfin.
She'd downgraded my rating while I was on maternity leave, so Amazon couldn't even counter.
Her only move was to scare me into thinking I would fail.
To read the full story, grab my book, Hate the Game
Status quo bias keeps us stuck in comfortable habits that lead to dead ends. In a rapidly changing world, the default path is risky. If you wiped the slate clean, would you choose the path you are on?
Grab my book Hate the Game for more.
