July 6th – Sea to Shining Sea

Between the holiday week, a 5-year old’s birthday party and a cross country due diligence trip, I’m spread a bit thin this week.  Rather than shutting it down for a few days, this week will be only charts.  Have  one that you want featured?  Email it to me and tell me why its interesting.  

Chart of the Day

Today’s housing boom is MUCH more of a national phenomenon than the bubble of the mid-aughts.   Some big implications here that I suspect have a lot to do with both tax policy and the ability to work remotely.   Map comparing states with 2-year house price growth in excess of 20% May 2005 vs May 2021

Source: Len Kiefer

Basis Points – A candid look at the economy, real estate, and other things sometimes related. 

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