Here's how one top Fed official is thinking about the increasingly unaffordable US housing market

Tech Insider
Tom Barkin
Tom Barkin

Federal Reserve Bank of Richmond

Home prices in Lakeland, Florida, are falling faster than the rest of the US — see what you can get for under $340,000

Tech Insider
3820 Village Circle in Lakeland, Florida
3820 Village Circle, a home listed for $300,000 in Lakeland, Florida.

Courtesy of Dina Pizzuto/Mark Spain Real Estate

America can solve its housing crisis by following Tokyo’s example

Tech Insider
A large Japanese building in the middle of a U.S. city
What's Tokyo's secret? Liberal and centralized land-use policies that give developers a lot of power to build what they want, when they want.

Tyler Le/Insider

The Supreme Court just rejected an effort to get rid of rent stabilization in New York

Tech Insider : Economy, Politics
The sun sets on the skyline of midtown Manhattan and the Empire State Building on September 20, 2023, in New York City.
The sun sets on the skyline of midtown Manhattan and the Empire State Building on September 20, 2023, in New York City.

Gary Hershorn/Getty Images

Biden's top economist says the key to ending the housing crisis is giving cities and developers monetary incentives to build more affordable homes

Tech Insider : Economy, Politics
White House Press Secretary Karine Jean-Pierre (L) looks on as Chair of the Council of Economic Advisers Jared Bernstein speaks during the daily press briefing at the White House in Washington, DC, on September 13, 2023.
White House Press Secretary Karine Jean-Pierre (L) looks on as Chair of the Council of Economic Advisers Jared Bernstein speaks during the daily press briefing at the White House in Washington, DC, on September 13, 2023.

I looked at the plans for the new city proposed by Silicon Valley elites. They're really terrible.

Tech Insider
California Forever
California Forever presents an idyllic vision of city life — but it's completely clueless about how cities actually work.

California Forever

Dow drops 388 points as US stocks suffer worst loss since March on weak economic data

Tech Insider
nyse trader hand on face
A trader at the New York Stock Exchange puts his hand on his face in September 2008.

Richard Drew/AP

You may hate high interest rates and home prices, but many boomers have reason to celebrate

Tech Insider : Economy, Economy
boomers interest rates housing
Fed Chair Jerome Powell's war against inflation could be helping prop up many older Americans' wallets.

(Left) Reuters, (Right) Getty Images

New York City's mayor is proposing major policy changes to lower housing costs and build 100,000 new homes

Tech Insider : Economy, Politics
Brownstone apartment houses in Manhattan, New York, United States, on October 22, 2022.
Half of New Yorkers spend more than 30% of their income on rent as a housing shortage worsens the affordability crisis.

Beata Zawrzel/Getty Images

Apartment prices in Zurich are skyrocketing, with property being seen as 'concrete gold'

Tech Insider
Zurich old town by the Limmat river on a sunny summer day in Switzerland
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Didier Marti/Getty Images

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