What I'm Reading Exodus: More California companies have already moved their headquarters out of the state this year than in all of 2020. While businesses often attribute their California exit to regulations like high taxes and increasing utility costs, other reasons may sound similar to individuals leaving the state, such...
August 31st – Double Edged Sword
What I'm Reading Double Edged Sword: Almost everyone claims to want more affordable housing but there is little will to actually achieve it. In reality there is no widespread affordable housing without a decline in property values and no politician gets elected to statewide office by promising to slash real...
August 27th – Failure to Launch
What I'm Reading Failure to Launch: Yesterday, the Supreme Court overturned the eviction ban in a 6-3 vote, as expected. New York Times The real story here should be how poor of a job we have been doing with rent relief. Only $4.7 billion of almost $47 billion appropriated by...
August 26th – On the Docket
What I'm Reading On the Docket: The Supreme Court could rule on the new CDC eviction ban as early as September. A majority of justices have questioned the constitutionality of the previous extension. However, the current iteration was crafted to address some of these concerns. Globe Street Topping Out? New...
August 23rd – Parched
What I'm Reading Parched: The federal government has declared a first-ever shortage on the Colorado River, announcing mandatory water cutbacks next year for Arizona, Nevada and Mexico. The river provides water to 40 million people and California could be impacted by 2024. This is going to have massive ramifications on...
August 20th – Lake Reads Week in Review
What I'm Reading Flipped: Some of the most affordable rental markets in the US are about on pace to become some of the most expensive thanks to skyrocketing rents. This will eventually become a headwind to economic growth as residents in some of the most productive and quickly-growing cities will...
August 6th – No End in Sight
Quick programming note: I'm going to be on a family vacation for the next couple of weeks so I won't be posting every day. I hope that all of you can find some time to get outside and enjoy the month of August! What I'm Reading No End in Sight:...
August 2nd – Bid Em Up
What I'm Reading Bid Em Up: A new report from real estate technology company Zavvie on iBuying transactions over the first half of 2021 found that offers from iBuyers were on average 104.1 percent of market value. That’s a marked increase from 2020, when iBuyers offers were coming in at...
July 30th – Hitting the Brakes
What I'm Reading Hitting the Brakes: The CDC has reversed course on indoor masking, saying that vaccinated Americans should once again wear masks indoors. The announcement complicates return-to-office plans for many companies at a time the Delta variant is already forcing some of them to push back their start dates....
July 19th – Micro Marketing
What I'm Reading Micro Marketing: Cities have historically tried to increase job opportunities by trying to attract large companies with tax incentives. In the post COVID remote work world, cities are increasingly focusing their marketing efforts on appealing to individuals who already have a job but are looking for a...