

Last week (June 21), in its biannual circus, New York City housing regulators once again decided how much landlords will be able to raise rents. Despite inflation raging at a 40-year high of 8.6%, they decided on an increase of 3.25%. In real terms, this is a...
The perpetual tragedy of New York’s rent control

Happy birthday, America; now mind how you go
Martin Walker, the gifted former Washington correspondent of The Guardian, used to start his speeches saying that the Fourth of July wasn’t a time for sorrow for him, as it was a time when good British yeomen farmers in the colonies revolted against a German king and...
Happy birthday, America; now mind how you go

Censoring Edward Atkinson, the 19th century’s Elon Musk
As Americans continue to reel from years of dismisinfoganda, government censorship and government-inspired, if not directed, private censorship, they would do well to recall several previous episodes of government interference with the free flow of facts, including...
Censoring Edward Atkinson, the 19th century’s Elon Musk

Making sense of monetary policy and the future of inflation
High inflation rates have been making headlines since the beginning of the year. Inflation seems to have caught even investors by surprise. While I’m optimistic that inflation will fall over the next year, this belief is formed with the expectation that the stance of...
Making sense of monetary policy and the future of inflation

Real Estate Market Cycle Monitor – First Quarter 2022 Analysis
The physical market cycle analysis of five property types in 54 metropolitan statistical areas (MSAs). So unique – GDP growth dropped 1.4% in 1Q22, yet the Federal Reserve still increased the Fed Funds rate by 0.5% instead of 0.25%, a jump they have not done in...
Real Estate Market Cycle Monitor – First Quarter 2022 Analysis