News

Landmark Links June 28th – Tank Commander

  Lead Story…  We spend a lot of time talking about the San Francisco housing markets and rightfully so: it’s a microcosm of all that is wrong with restrictive zoning in closed access US cities and the poster child for NIMBY obstructionism.  As such, San Francisco has managed to overshadow another North American market that is incredibly […]

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Landmark Links June 24th – Follow the Money

  Lead Story…. Urban Dictionary (my go to source for all things slang) defines a tiger mom as: “A mother who is overly strict with her child in order to foster an academically competitive spirit.  This form of upbringing is intended to direct a child towards financially successful careers at the potential risk of feeling emotionally […]

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Landmark Links June 21st – Worth the Investment?

  Welcome to summer!  Fortunately, we avoided the apocalypse that a crackpot astrologer (redundant) predicted last night when the full moon coincided with the summer solstice.  I know you’re all as relieved as I am.  Now, on to the news: Lead Story… I recently read two studies that came out in the last week or so that appear […]

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Landmark Links June 17th – WTF

  Lead Story….  Generally, I try to keep this blog focused on national and regional real estate and economic issues (and strange news out of the swamps of Florida).  Ever so often though, a local story comes up that illustrates the bat-shit-crazy nature of entitlement and real estate development in coastal California and the discretionary gauntlet […]

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When Foreign Investors Hit Trouble

NEWPORT BEACH, CA—What happens when a market largely driven by foreign investors begins to slow or become oversupplied while those investors’ currency depreciates against the dollar? We spoke exclusively with Landmark Capital Advisors’ managing director Adam Deermount about how US real estate markets that are dependent on foreign capital can reduce their risk if things […]

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Landmark Links June 14th – Underexposed

  Lead Story…. REITs are the best performing asset class in the market over the past 15 years, yet, according a Goldman Sachs, 40% of large-cap core mutual funds still don’t own any and the ones that do often have a very small percentage of their funds allocated to real estate.  I don’t think its a stretch […]

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Landmark Links June 10th – Border Skirmish

  Lead Story… One of the problems with restrictive zoning is that it’s often highly inconsistent among neighboring cities meaning that a (relatively) more pro-development municipality often ends up picking up the slack for a more anti-development one.  It should come as no surprise that this issue is front and center in Silicon Valley as San Jose, […]

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Landmark Links June 7th – Super Size Me

  Lead Story…. Much like our waistlines, America’s new houses are expanding.  According to the US Census Bureau, the median size of a new single-family house last year was 2,467sf, the largest on record.  Many pundits predicted the demise of the much-maligned “McMansion” once the housing crash hit.  Clearly that prediction has been less than prescient. […]

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Landmark Links June 3rd – The Penalty Box

  Lead Story… Newton’s 3rd Law of Physics states that, for every action there is an equal and opposite reaction.  You will seldom find a more fitting example of this than the current US banking regulatory regime.  Leading up to the financial crisis, banking had been largely deregulated, allowing bankers to make risky bets by heavily leveraging their […]

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