Joey Politano 🏳️🌈 @JosephPolitano
Writing a data-driven newsletter about economics @ https://t.co/IanQ9oPoPi | Nuance? In this economy? | he/him | Bi/pan apricitas.io Washington, DC Joined June 2015-
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San Francisco permitted 1,151 housing units over the last 15 months. Austin permitted 1,248 in January alone. Austin averages 28+ units per day this year. San Francisco has allowed 15 units total in all of 2024. Is it any wonder why people are moving from SF to ATX?
San Francisco permitted 1,151 housing units over the last 15 months. Austin permitted 1,248 in January alone. Austin averages 28+ units per day this year. San Francisco has allowed 15 units total in all of 2024. Is it any wonder why people are moving from SF to ATX? https://t.co/1Lkax0xBfK
I think this is a major issue but I also think it’s important to highlight that where the US is unique relative to other high-income countries is in its low *female* employment rates moreso than its low *male* employment rates
I think this is a major issue but I also think it’s important to highlight that where the US is unique relative to other high-income countries is in its low *female* employment rates moreso than its low *male* employment rates https://t.co/WfZHg96Qwt
Probably the biggest problem for American industry—and one that just doesn't get talked about enough—is the complete and total lack of productivity growth over the last 15+ years
The share of US housing units that are unoccupied, a key indicator of market tightness, remains at a multi-decade low, highlight just how acute shortages remain But for the first time in a long time, at least it's not falling further? Right now it's holding at roughly 10.4%
US home values are up 4% over the last year, but that's not been evenly spread throughout the country—CA is up 6.4%, while TX is up only 0.6% Price growth has been fastest in the northeast—CT is up 11.5% followed by NJ, MA, NH, & RI Meanwhile, only LA & DC have seen prices fall
this is why it's important to age-adjust the household survey data people! x.com/jasonfurman/st…
this is why it's important to age-adjust the household survey data people! x.com/jasonfurman/st…
lol this is among the funniest bad trendlines I have ever seen. Any basic pre-COVID projection that accounts for the aging of the US population would expect not-in-labor-force levels (mostly retirees) to increase and this implies they should actually start declining for no reason
lol this is among the funniest bad trendlines I have ever seen. Any basic pre-COVID projection that accounts for the aging of the US population would expect not-in-labor-force levels (mostly retirees) to increase and this implies they should actually start declining for no reason
US tech jobs continue to grow—up roughly 7k in April—but are still increasing much, much slower than during the boom eras of 2021/2022
James Medlock @jdcmedlock
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At 41.4%, Donald Trump's favorability rating is the lowest in the Decision Desk HQ/@thehill average since last December. Trump's net favorability rating of -13.0% is lower than Joe Biden's for the first time since last August. See it here: elections2024.thehill.com/national/trump…
SEC couples man
They should have a baby
Left knee surgery done! Glad I didn’t have a 3rd knee to mess that up too🤯. Thankful to @scottfaucettmd & team @ Center for Advanced Orthopedics who are rebuilding me incl the great nurses who I’d like to recognize on #NurseAppreciation week. Thx for all the support 🙏. Onward.
Patrick Condon will say we should tax land rents instead of upzoning and then not call for taxing land rents
Anthony Edwards wants everyone to stop the MJ comps “I want it to stop. He's the greatest of all time. I can't be compared to him." (Via bit.ly/3QzuBop)
I have to admit it is a little strange to me when I’m talking with someone and they don’t know the approximate metro population of the places they’ve lived or approximate student population of the university they attended
Had an interesting conversation with a San Franciscan over the weekend. She was convinced the city had been significantly building since it downzoned it in the 1970s Then I showed her the anemic population growth of less than 10% over the 5 decades. That seemed to make the point
San Francisco permitted 1,151 housing units over the last 15 months. Austin permitted 1,248 in January alone. Austin averages 28+ units per day this year. San Francisco has allowed 15 units total in all of 2024. Is it any wonder why people are moving from SF to ATX?
Truly amazing stuff. This article purports to debunk the idea that "tariffs are inflationary" but doesn't actually point to anyone saying that thing. The linked Vox article says "US consumers would pay roughly 10 percent more," not that it will increase the rate of inflation
The plan: Plant a hidden daughter story so you can call your opponent out about fact checking and win the rap battle on a technicality
A boy was sitting at the bar alone and I noticed a graduation gown on his chair so I sent him a dessert that said congrats cuz I felt bad and he got so excited now I’m crying in the bathroom
Texas builds California doesn't build
San Francisco permitted 1,151 housing units over the last 15 months. Austin permitted 1,248 in January alone. Austin averages 28+ units per day this year. San Francisco has allowed 15 units total in all of 2024. Is it any wonder why people are moving from SF to ATX?
🏘️ The US simply doesn’t have enough homes. But how do we build more? 🎥 @kylascan offers some solutions
Yeah it may be true that “inflationary” isn’t the precise word to use to describe tariffs, but have fun explaining that to voters who see the price of imported goods increase
the way you can no Republicans are thinking through the political implications of the Trump universal tariff proposals is that none of them have wrestled with what the actual public response of randomly increasing, like, coffee prices by 10% would be
I like this @cayimby policy plank because it turns housing accountability into a turn-based game. Berkeley, for example, would be on the bubble just short of this definition of "Extremely Exclusionary", but could easily fall into it depending on the sale of a few houses.