Author: josh
The NBA Season is Back—These 8 Markets Are Cash Cows For Airbnbs
In This Article I grew up with a basketball in one hand and a box score in the other. My life was all late-night practices, cheap cafeteria food, and coaches yelling about discipline while we ran until the lights went out. I was never the tallest player, but I could see the game before it happened: angles, timing, spacing. That was how I survived on the court. When I got into real estate, I realized it felt a lot like basketball. Scouting markets was just another form of film study. Some cities are all offense with great returns, but no…
Why West Coast Investors Are Turning to Midwestern Real Estate Notes
In This Article This article is presented by Connect Invest. Prices on the West Coast are sky-high. San Francisco median home prices are over $1.4 million, while LA rents go for an average of $2,760, if not higher. Meanwhile, new coastal rent-control laws are squeezing cap rates and drying up inventory for West Coast landlords, leading to slower rental growth. At the same time, capitalization rates in California for apartments and multifamily homes average between 5% and 7%—well below levels that might justify the risk of buying. Investors are getting squeezed by fewer deals, tighter returns, and tougher exit options.…
This Week In A Nutshell Rates are steady heading into the week following a cool inflation report last Friday, but they could rise even if the Fed cuts as expected on Wednesday—if Fed officials push back on expectations for a subsequent cut in December. Upcoming Attractions Fed Press Conference (Wednesday): The Fed will cut rates by 25 bps—as priced in by futures markets—but the question is how Chair Powell will characterize expectations for the December meeting. He won’t provide formal guidance, deferring instead to the data. But markets have priced in over 90% odds for a December cut and the…
Open source AI is ‘China’s game right now’ — and that’s a problem for the U.S. and its allies, Andreessen Horowitz partner says | Fortune
China is currently dominating the open-source AI space, according to Andreessen Horowitz’s Anjney Midha. Speaking at the Fortune Global Forum, Midha said this raises geopolitical and competitive concerns for the U.S. and its allies. However, he thinks Western companies can make a comeback, citing U.S. policy support and the potential for American labs to release new open-source models in the coming months. China’s progress with open-source models could pose a problem for the U.S. in the global AI arms race, according to Anjney Midha, a general partner at Andreessen Horowitz. “What has not been great is that the speed at…
The Buyer Wants to Extend the Closing Date – How Sellers Can Respond
When selling a home, it’s not uncommon for buyers to ask for more time before closing. This request to extend the closing date can leave sellers wondering what it means for their timeline, their plans, and sometimes even their bottom line. Understanding how to respond is key to keeping your sale on track. Whether you’re selling a home in Denver, CO, San Francisco, CA, or Atlanta, GA, this Redfin guide will walk you through why buyers request extensions, how sellers can respond, and what to consider before agreeing to a new closing date. Why buyers may want to extend the…
Using AI at work can lead to a ‘virtuous cycle,’ with workers reporting better job satisfaction and efficiency, BCG chief AI ethics officer says | Fortune
AI may be the topic du jour, but there’s still a lot of hesitancy around adopting the rapidly changing technology. More than one in three US workers are afraid that AI could displace them, and some HR leaders are concerned about its unknown effects on their roles and employees. HR Brew recently sat down with Steven Mills, chief AI ethics officer at Boston Consulting Group, to demystify some of the risks and opportunities associated with AI. This conversation has been edited for length and clarity. How do you deal with workers’ AI hesitations and fears? Once people start using the tech and realizing the…
Ferrari is building the sleekest electric vehicle on Earth—but among those who can afford it, very few will have the opportunity to buy it | Fortune
When the Italian luxury carmaker Ferrari announced in early October its first ever fully-electric vehicle, it begged the question “What will a company known for prioritizing speed and sleek design over fuel efficiency bring to this competitive corner of the car market?” While most details about Ferrari’s Elettrica EV, including its appearance and price, remain a mystery ahead of a planned launch in the spring of 2026, the company said it will go from 0 to 62 miles per hour in 2.5 seconds; have a battery with a capacity of 122 kWh to ensure recharging in as little as eight…
WeRide CEO says autonomous driving can’t guarantee 100% safety—but could be 10x safer than human drivers within the decade | Fortune
Tony Han, founder and CEO of autonomous driving technology company WeRide, likened the development of self-driving cars to the Wright Brothers’ successful first flight of a powered aircraft. This four-year development process culminated in 12 seconds of being airborne. The iterative invention process made headlines for crashes, not unlike the ones autonomous vehicles are making now, with 3,979 incidents involving autonomous vehicles from 2019 to 2024, 10% of which resulted in injury. While the accident rate for traditional cars was 4.1 accidents per million miles driven in 2021, the rate for autonomous vehicles was more than twice that at 9.1…
Moving With Kids: A Guide to Buying and Adjusting to a New Home
Buying a home is one of the most meaningful and complex decisions a family can make. Beyond square footage and price, the right home supports your lifestyle, nurtures your family’s routines, and grows with you over time. From choosing a kid-friendly neighborhood to staging your current home for sale and easing the transition for little ones, every step matters. With insight from Nina Spears, CEO and founder of Baby Chick, this guide walks families through the process of finding, moving into, and settling into a home that fits both their current needs and their long-term goals. 1. Choose the right…
MAGA voters are losing patience with the GOP’s ‘concepts of a plan’ on health care as premiums soar | Fortune
The first caller on a telephone town hall with Maryland Rep. Andy Harris, leader of the House’s conservative Freedom Caucus, came ready with a question about the Affordable Care Act. Her cousin’s disabled son is at risk of losing the insurance he gained under that law, the caller said. “Now she’s looking at two or three times the premium that she’s been paying for the insurance,” said the woman, identified as Lisa from Harford County, Maryland. “I’d love for you to elucidate what the Republicans’ plan is for health insurance?” Harris, a seven-term Republican, didn’t have a clear answer. “We think…