Archive: housing crisis

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The housing market is a mess. Data from the National Association of Realtors shows that between May 2021 and May 2022, existing home prices soared nearly 15%. Since March 2020, they’re up 37%. Rent prices are skyrocketing too. RedFin reported that median asking rent rose 15% from May 2021 to May 2022 to reach a record $2,002.  In the background, economic forces are making things worse. Over the last couple months, interest rates and…

Startup Price Inflation Signals Danger for Investors

By Andy Gordon on March 30, 2022

Price inflation in the startup world is running rampant.  This isn’t new. But I do wonder when it’s going to peak. We’re not there yet. If anything, it’s getting worse. I’ll give you a recent example. I was talking to a founder yesterday who…