Affordable Housing is a ‘Wicked’ Problem
Tackling wicked problems isn’t a straight-line equation; it demands a blend of creative ingenuity, collective brainstorming, and agile adaptability.
What if I want to sell and buy another house right now?
There are a LOT of what if’s in this question. There is no one size fits all answer here. Instead, let’s look at it from a top down perspective. First, you cannot time the market. There are simply too many variables (I say this, too, as a programmer with some working knowledge in statistics, markets […]
What if Covid didn’t happen?
I’ve been curious for a bit about what pricing might have looked like had the pandemic not hit. As you probably know, the Fed injected trillions of dollars into the economy over the years since Corona. This is in addition to the trillions injected in multiple waves of Quantitative Easing from 2008 through 2014. What […]
Feb 2023 sales numbers close out down 29.6% YOY
February 2023 closed down 29.6% from the previous year by number of sales. That is the second largest drop February to February as a percentage since at least 1996, eclipsed only by 2007-2008 which saw a 31.7% drop. Sales price was down app. $8,500 over last February. February 2011-2012 was the last time the average […]
Real estate prices and inflation
I saw this morning someone post a generalized chart stating that real estate beats inflation. Let’s take a look at this locally. Below is about 22 years worth of average pricing, interest rates and inflation numbers. While real estate is largely tracking inflation the last couple of years, we do have a situation that hasn’t […]
hypercoherence
Defined as the state where interdependencies are so complex that stability becomes ever harder to maintain. It is somewhat counterintuitive. We tend to think interdependency equals stability and I think this is true to some extent. But too far becomes codependency and destabilization. I need to study this more.