Money, Wealth & Power—A Daily Look at the Financial World
Peter Thiel is not the first to warn that young Americans are being locked out of homeownership, but his latest prediction is unusually stark. He argues that the United States is heading toward a real estate shock that will punish Gen Z and the lower middle class while older owners, especially boomers, walk away richer….
In a sliver of Marin County coastline, a single low-lying road now carries a price tag that rivals a small infrastructure bond. The ultra-rich homeowners who rely on it to reach their beachfront mansions are pressing neighbors to help cover millions of dollars in flood defenses, even as public officials warn that the entire area…
Florida’s housing market is shifting fast, and some suburbs that looked like safe bets a few years ago now carry serious red flags for long‑term buyers. Based on recent analysis from real estate agents and market researchers, I see three specific suburbs where flood risk, price volatility and insurance costs make the next five years…
California officials are celebrating a milestone that would have sounded fanciful a few years ago: more than 1 billion dollars raised from a so‑called mansion tax on high‑end property sales. Yet as the total climbs, housing advocates and taxpayers are asking a blunt question that cuts through the victory laps: if the money was supposed to…
President Donald Trump has moved to recast the housing market as a battleground between Wall Street landlords and aspiring homeowners, positioning himself as a defender of the American Dream against deep-pocketed investors. By sharply limiting how large financial firms can buy single-family houses, he is promising more starter homes for families and, in the process,…
St. Petersburg is moving from sandbags to buyouts, betting that paying people to leave the most flood battered blocks will cost less than rebuilding them again and again. The city’s new plan centers on purchasing flood prone homes, steering residents toward safer ground while reshaping low lying neighborhoods into buffers against future storms. Instead of…
Home prices in 2026 will not move on a single trigger, but on a collision of forces that could either cool an overheated market or crush values in pockets of the country. Charles Payne has been warning that the same pressures that locked out a generation of buyers could, if they reverse too quickly, slam…
As affluent buyers look beyond traditional ZIP codes, a new class of sleeper suburbs is quietly turning into America’s next wealth hotspots. I focus here on five communities where income data, Census research and rapid housing development all point to outsized upside for homeowners and long-term investors. 1) Fulshear, Texas Fulshear, Texas is the clearest…
America’s most expensive home listing has just been yanked back to earth, with the ask chopped by $40 million to land at a still eye-watering $99.9 million. The Bel-Air spec mansion known as La Fin is now testing whether a sub-nine-figure price can finally convert global buzz into a buyer. The reset captures a turning…
President Donald Trump has spent years promising to get rid of the federal Department of Education. Now he is going further, openly musing about selling off the agency’s buildings for private development and urging that “somebody else get rich” from the real estate. The comments strip away any pretense that his campaign against the department…