Ruthless

Such a succinct way of describing today’s magic bean thinking

My thesis that Trump 2.0 would be like if you dialed up all the shitty parts of GWB’s second term to 100 is starting to really pan out

Really considering starting my own homebuilder right now. I must either be onto something or smoking crack

It seems like a terrible idea to open a debate on DC taxes at the federal level given this congress and President because you don’t like the impact of their signature piece of legislation

The surprising reason home prices remain stubbornly high A growing number of home sellers are taking lingering properties off the market instead of lowering their prices.

Dear economist, people will adapt their f****** lives around their homes with sub-3% rates. This thinking that people will have kids then get a bigger house ignores the idea that people won’t have or have less kids! www.washingtonpost.com/business/202...

New York as a harbinger for the rest of the United States

Home builders are cheering Trump’s return to the White House Companies are eager for lighter regulations. But they also could see their industry strained by other parts of Trump’s agenda.

Well, the industry got this one wrong. www.washingtonpost.com/business/202...

Fewer people becoming homeowners seems to be good for workforce apartments.

But hey, corporate earnings are beating expectations. Nothing to see here

www.bisnow.com/national/new...

🤩

Curious if all these tech cos taking space downtown will have an impact on stabilizing the market. I always look at SF/LA as harbingers of what’s going to happen here in a few years

At least the grift has all these tech companies taking down commercial space in some of these vacant office buildings downtown. You have to be in DC to make the deals!

A lot of forced landlords out there right now

Sure looks like AI induced layoffs might crush the K-shaped recovery. Even if you survive the current layoff rounds, the tech industry openly salivating to replace white collar workers with AI can’t be great for upper-middle class consumer confidence

Also, many of the good realtors that specialize in certain neighborhoods have talked clients into lower initial list prices

I don’t know a small business owner that isn’t struggling right now and on the verge of closing up shop. This year has been brutal

Surprised very little has been written on The Fourth Turning lately given all that’s going on

Got to get in before they turn this into a “freedom” city

What neighborhood because I’m seeing inventory pretty much everywhere in the city

That sounds like Capitol Hill

West of 16th St NW. everything east is in a state of free fall. Burbs are doing well tho

Yeah, people are terrified here. Even getting past the shutdown, hard to see how this area grows with the continued assault on the federal government

In the DC area, everything feels f*****

Is there a B2 bomber flying over DC right now?

The underwriting doesn’t support the capital investment and the decisions are being made off of FOMO. What could possibly go wrong.

Scott Felder Homes just acquired Olivia Clarke Homes in DFW, New Home Co acquired Landsea, Landsea acquired Antares Homes, Drees bought Monticello Homes in DFW

Privates in DFW: Mattamy Homes, Highland Homes, Castlerock Communities, First Texas Homes, American Legend, Drees Homes, Davidson Homes, Grand Homes

Many got bought up but there are still builders doing sub-300 homes/year in those markets