THE BASIS POINT
Linkage: 40-year mortgages are back, but are they useful?
Wall Street origin story of woman behind The Big Short
I just was looking for a job to pay my rent.
Linkage: 14 million millennials live in mom’s basement while millennial queen Taylor Swift puts $50m into real estate
Half of Nashville musicians could afford homes in 2014. Now only 10% can.
Linkage: Larry Kudlow, the U.S. economy’s hype man
Linkage: hot finance startups raised a ton of money last month
Linkage: give Jeff Bezos your car keys. This is how the future works.
Size of U.S. residential real estate market is $27 trillion in 2019
Linkage: Slack is the perfect 21st century company—it wastes your time AND loses money
Linkage: Politicians finally realize renters vote too
*sniff* Smells like a housing slowdown, with notes of a buyer’s market
Linkage: Donald Trump doesn’t want to help with your down payment
Stoners and Denver home prices both got high when Colorado legalized weed
Now’s the perfect time to buy a home, especially if you’ve already got it made
Tropical depression: half of Hawaii can barely afford rent
Linkage: return of mortgages requiring no pay stubs or bank statements
Linkage: Gen Z is saving for a home while building houses in Minecraft
Linkage: want to party? Go to a centuries-old British insurance agency
Linkage: Hate your smart home? Then you’ll definitely hate your smart office
The Basis Point’s Best Artwork: March 2019
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