California leads the nation Our state is leading the nation again! The state enacted legislation banning the sale of gas-powered cars and trucks after 2035. The motivation of this law is to reduce the emission of gasses that contribute to climate change. We expect many other states to follow California in this monumental change. The implications for supply chains, retail commerce, and housing...
A looming slowdown The national housing market is sending signals of a slowdown, including in the Bay Area. As I mentioned in my last blog post, the real estate market fundamentals are changing very fast, and I want to keep you well informed to adapt to these changes. The trends are changing. More homes are available for sale and potential buyers now have increased negotiation power. In San...
The end of inflation is not near The end of high inflation does not seem to be anywhere near. In June 2022, the rate of 9.1% was the highest since November 1981! This increase is above the forecast of 8.6% that most economists were expecting for this year. No sector of the economy is untouched. Food, construction materials, and energy prices have gone through the roof. The majority, 71% to be...
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