The Pandemic Isn’t Killing Cities. Housing Regulations Are
Cities that don't welcome new residents won't thrive.
Housing
HUD Secretary Ben Carson Tests Positive for Coronavirus
Ben Carson, secretary of Housing and Urban Development, has tested positive for the coronavirus, according to reports.
The Capital Note: Election Trades & Real Estate Troubles
On the menu today: Wall Street braces itself for November, trouble in commercial real estate, and a look at exponential-growth bias.
Biden’s Housing Plan Doubles Down on Decades of Failed Government Policy
Federal housing programs enacted in the name of the poor have harmed, not helped, their ability to climb the economic ladder. It’s time to try something else.
The Suburbs Issue: Trump and Carson Speak
A real debate may have just begun.
The Capital Note: Kodak’s Slide & Adam Smith’s Kidnapping
Higher home ownership rates, unpacking Kodak's mismanagement of government funds, and the (likely apocryphal) kidnapping of Adam Smith.
A Faltering Recovery
The longer the lockdowns and other COVID-19-linked uncertainty last, the more damaging the consequences.
Mortgage Applications: Confidence, Affordability, or Sign of Inflation to Come
I cannot help wondering whether this is an early (putting the stock market to one side — for now) sign of asset price inflation to come.
The Poison of Nostalgia
Welcome to The Tuesday, my new newsletter.
California Gov Newsom Advocates for Doctors to ‘Write Prescriptions for Housing’ to Treat Mental Illness
California Governor Gavin Newsom on Friday wrote that doctors should be able to prescribe housing like they are able to prescribe medication.