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Must Read: Back in November when tax reform was being hotly debated, the NAR propaganda…I mean economics department came out with a dire forecast of a 10% plunge in home values nationwide. I wrote a rebuttal in early December that laid out all of the reasons that this would not happen – most obviously because […]
Must Read: WeWork is offering tenant leasing brokers worldwide a 100 percent commission on the first year of rent paid by any tenant who switches to WeWork from a top competitor. Reminder – per their own numbers provided for their bond offering earlier this year, WeWork can only be profitable if their customer acquisition cost […]
Must Read: Cheap and quick online shopping is turning America into a nation of hoarders and that’s not going to change any time soon. I can’t imagine a more bullish sign for the self storage industry. Economy Held Back: Student loan debt is starting to bite the economy as money used to pay debt service […]
Must Read: Rising home values and increasingly expensive mortgages have led to a manufactured housing comeback. Fannie Mae dipping its toes back into the chattel mortgage water doesn’t hurt either. See Also: Blackstone is getting into the manufactured housing market. Economy Under the Mattress: New research data shows that the personal savings rate in […]
Must Read of the Day: California is increasingly becoming a place where first time home buyers can only do so with down-payment assistance from their families. Economy Downward Spiral: The Great Recession never ended for humanities majors as college students shun them for degrees that will actually generate income. Independence Day: A surge in oil price […]
Every now and then one comes across an idea so dreadful that it’s almost as if the people behind it have run out of ideas and are simply throwing shit up against the wall in a desperate attempt to find something that sticks, consequences be damned. This crossed my mind last week as I […]
One of the best things about taking a long vacation is the ability to take a step back from the day-to-day demands of life and take inventory of what you are doing well and what needs improvement. I started writing Landmark Links on March 19, 2015 as a way to sharpen my writing skills, […]