Wall Street Might Be Hurting Housing & Strava Exposes World Leaders’ Locations?
Morning Brew Daily
Key Insights
Why are Wall Street investors buying up homes and charging higher rents?
Institutional investors are snapping up family homes, particularly in sun belt states, to capitalize on rising property values and charge above-average rents for profit.
How does the new Department of Transportation rule affect airline refunds?
The rule mandates automatic refunds for significant flight delays or cancellations, with refunds due within 7 days for credit card purchases and 20 days for other payments, eliminating the need for passengers to request refunds.
Why is Strava considered a security risk for world leaders?
Strava's default public settings allow the tracking of workouts, potentially revealing the locations of high-profile political figures through the fitness habits of their bodyguards.
Why are U.S. elections so expensive compared to other countries?
U.S. elections are costly due to the size of the country, expensive media markets, numerous elected positions, and the use of primaries, coupled with less regulated campaign spending.
What is the astronomical fine imposed on Google by a Russian court?
A Russian court fined Google 2.26 trillion septillion dollars, a number so large that even if Google gave Russia everything the world produced this year daily since the universe began, it would only cover 3% of the fine.
What is the largest predation event ever recorded in the ocean?
Scientists observed a massive group of cod devouring about half of the capelin gathered off the Norwegian coast in a single morning, representing the largest predation event ever recorded.
Chapters
- Corporate landlords own just 1% of all American family homes but are expanding rapidly.
- Home prices and rents have risen more quickly in neighborhoods where these landlords are concentrated.
- Studies suggest these landlords invest in better infrastructure but also extract higher rents.
Shownotes Transcript
