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Newsfeed: Are Rent Controls Coming?

Newsfeed: Are Rent Controls Coming?

As mentioned in a previous post, when I have looked at previous right to left, and left to right political swings, they seem to happen globally, and they seem to happen roughly at the same time. A global shift left happened in the 1930s, and kept shifting until 1970s, when it began to shift back to the right. We are now well into a shift back to the left, that began in 2016. As also highlighted, modern democracies are filled with checks and balances to slow political shifts, but they still happen.

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Newsfeed: Redfin Fires 13% Of Staff, Exits House Flipping As Downturn Accelerates

Newsfeed: Redfin Fires 13% Of Staff, Exits House Flipping As Downturn Accelerates

House prices are sliding, and sales are plunging as the Federal Reserve hits the pause button on quantitative easing this year with the most aggressive interest rate hikes in four decades to cool the red-hot housing market spurred by low interest rates and tight inventories during the pandemic.

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Newsfeed: Mapped: The Growth in U.S. House Prices by State

Newsfeed: Mapped: The Growth in U.S. House Prices by State

On average, the U.S. housing market has seen price appreciation of 4.4% annually since 1991. High demand and low supply have accelerated price growth during the COVID-19 pandemic. In fact, single-family house prices grew by 18.7% from the first quarter of 2021 to the first quarter of 2022—the highest growth seen in at least 31 years.

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