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In March 2022, Elon Musk announced that you could use Bitcoin to purchase a Tesla. Then, he changed his mind. Money's value comes from, in large part, people's willingness to take it in trade or for payment.

There is some interesting history in this NY Times article about San Diego, and the increasing costs of housing and lack of affordability. The author of the article, Conor Doughtery, is the author of Golden Gates – Fighting For Housing In America.

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The tax laws are anything but simple, but don't hold your breath waiting for Congress to make it easier to understand, because that will never happen. Complexity is part of the design and intent of tax policy at the Federal Level.

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While we applaud Freddie Mac for having undertaken an effort to assemble relevant data to investigate the topic of appraisal discrimination, it was premature to publish a note based only on “exploratory research” limited to a single race-based correlation, with no attempt to present a rigorous analysis regarding other potential explanations. 

Did you know that women are earning, spending and influencing more than ever? According to author and expert on women car purchases, women are responsible for over 7 Trillion dollars in consumer and business spending in the USA alone...

John Reilly
April 29, 2022

Without a doubt, my vote for the Best Book I’ve read this year goes to The New Grand Strategy by Mark Mykleby, Patrick Doherty, and Joel Makower. I know that Saul Klein and Terri Murphy join me in that vote.

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A variance is an exception to the existing zoning, whereas a nonconforming use (also known as a grandfather clause) arises when there is a change to the zoning but an existing use is still permitted to continue.

The Justice Department announced Dec 14, 2021 that it has entered into a settlement agreement with the Champaign-Urbana Mass Transit District (MTD) to resolve alleged violations of Title II of the Americans with Disabilities Act (ADA).

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Worth a listen. Problems with the Agent Model in Real Estate Sales, big changes on the way. Most Real Estate Agents are not "gainfully employed... $100 Billion in commission is a big target. Where did 6% commission rate come from (according to Alex)

Saul Klein
April 29, 2022

While the article at the link provided below features Bitcoin, it is the idea of a “Futures Market” that is significant in our developing conversation around the future of real estate assets, real estate ownership, and financing.

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