News

Landmark Links May 23rd – Amateurs

  Lead Story…. I’ve written a lot over the past couple of years about how home building has not kept up with demand – especially along the coasts – and how it’s contributing to a massive affordability crisis. I’ve also noted how institutional buyers purchasing large home portfolios to rent and people staying in their homes longer, […]

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Landmark Links May 19th – Peniaphobia

  Lead Story….  Economic health is highly intertwined with demographic trends.  As people age they enter different saving and spending cycles that are fairly historically well established.  Generally speaking, people tend to save money during their peak employment years and spend that money in retirement.  The consumption of retirees boosts the economy which, leading to more […]

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Landmark Links May 16th – Catch Up

  Lead Story…  Over the past few years, I’ve often turned to the following chart from Calculated Risk as a guidepost for the US economy in general and the housing market in particular: Possibly the most under-discussed aspect of the housing crash is that it happened during a period of economic headwinds from a contraction of the prime […]

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Landmark Links May 9th – Stick to Your Knitting

  Lead Story… I was reading the Wall Street Journal this weekend and came across a story that reminded me of some of the best advice that I ever received: work hard enough at something to become an expert and then stick with what you know.  The WSJ story was written by Rob Copeland and Peter […]

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Landmark Links May 5th – Sticker Shock

  Lead Story… Mortgage delinquencies and foreclosures have declined dramatically since the end of the Great Recession.  Per Calculated Risk, the combined percentage of home mortgages that are delinquent or in foreclosure has dropped to 4.5%, after peaking at over  10% back in 2010.  However, there is one mortgage artifact of the housing bubble that is still […]

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Landmark Links May 2nd – Imperfect Solution

  Lead Story… It’s one thing to spot a change in the direction of a market before it occurs.  It’s completely another to devise a way to profit from that change. We are now about a decade removed from the housing crash and ensuing Great Recession.  Some of the largest fortunes in history were made betting […]

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Landmark Links April 28th – It’s Lit

  Lead Story…. Over the past couple of weeks or so, there have been a ton reports and stories about the real estate market heating up.  It turns out that a lack of supply, an improving economy and rising mortgage rates bringing in people off the sidelines have led to what could be one of the best […]

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Landmark Links April 25th – Myth Busters

  Lead Story… What a week.  Back in the office today after a fun weekend in Cabo.  I’m a bit limited on time but thought that these two myth-busting articles about the real cost of a college education and Millennial job hopping were fascinating: Myth Busters Part 1: Yes, sticker prices are high but the actual […]

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Landmark Links April 18th – Buy Low

  Lead Story….. Quick programming note: I won’t be posting on Friday as I’m heading out of town for a wedding.  In fact, I’m going to be the wedding officiant when my sister-in-law and future brother-in-law tie the knot.  It’s the first time I’ve ever officiated wedding and, needless to say, I’ve been busy getting ready. […]

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Landmark Links April 14th – Shakedown Street

  Lead Story… Important disclaimer: Landmark was involved on the capital raise for a project that I’m going to write about today.  However, neither I, nor my partners as individuals, nor Landmark have an ongoing economic interest in said project.  I want to be fully transparent up front even if certain other people involved in today’s Lead […]

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