If we only have the power to either sue big tech/big banks or clear up inefficient zoning regs, we're fucked as a country anyway. There is just zero reasons we can't do both.

The argument of home builders hoarding land just rings hollow. Most large builders have moved to a land light model and have basically outsourced the acquisition, zoning, entitlement, and land prep phase to 3rd parties and are paying these groups attractive returns for doing so.

This is just a slippery slope argument. You can think poorly of Wall St (you probably should), but there's a large gap between loosening lending standards and the excesses we saw in the early 2000s. This episode of Odd Lots covers this nicely.

open.spotify.com/episode/0HfM...

I did enjoy this quote. I look forward to retaliatory tariffs on our structured finance exports.

I feel like this chart from that Philly Fed paper doesn't disconfirm Logan's thesis. I agree that the concentration in certain ATL sub markets is higher that the headline number, but outside of a simple heat map I didn't see supporting data for just how concentrated Institutional SFR owners are.

We just watched 20 monkeys cross this tree branch right by the pool of our Airbnb. Really cool!

This place called La Leyenda in Puerto Viejo, Costa Rica has some of the best pizza I've ever had. Great vibes as well.

Is it just me or is Duo throwing off some creepy vibes here?

Bird is done. I've been too scared to ask my wife if she really wants that Michelin Star.

We're coming to room temperature. I've asked my wife if she even wants a Michelin Star 3 times already. I'll let you guys know when she gets annoyed.