A study conducted by Douglas Elliman Real Estate found that one in five New York retail spaces is sitting vacant; these spaces are boarded up and attract vandalism, drug-dealing, and other unsavory activities. The rate has more than tripled since 2016. Read the rest

California's housing bubble has pushed prices so high (the median Californian home sells for double the national average) that, in some cities, 48% of first-time buyers could only afford to purchase their homes because their parents gave them the downpayment. Read the rest

Blackstone is the largest private equity fund in the world; when the 2008 crash hit and banks used the trillions in taxpayer bailouts to fund mass evictions of working people who'd been tricked into taking out predatory mortgages, Blackstone started bulk-buying them, creating rent-backed bonds (called Single-Family Rental Securities or SERS) that are the even-shittier successors to the mortgage-backed securities that detonated the world economy in 2008. Read the rest

Burbank's Magnolia Park district was a big reason my family and I moved to town three years ago: a walkable, shady, tree-lined street whose merchants are a quirky (and legendary) mix of indie bookstores, prop outlets, vintage clothing stores, collectibles stores, year-round Halloween stores, hobby shops, quirky indie designers, gaming stores, wine bars, community credit unions -- like a goth/alternative Main Street, USA. Read the rest

San Francisco is one of the most expensive places in the world to live -- six figure incomes are considered "low" and even the tiniest homes are farcically expensive. Read the rest

The US birth-rate continued to plummet last year, with births falling in nearly all groups, and a one-year dropoff in overall fertility not seen since 2010; the US fertility rate is at its lowest level in recorded history. Read the rest