Enthusiasts freely admit the buzzy collectibles are a bubble. But they’re betting NFTs are scaffolding for a new internet architecture that’s here to stay.
real estate
Posted inMoney, Politics, and Power
Rollups: All Monopolies Are Local
How one supermarket chain, Stop & Shop, abuses property transfers to frustrate competition
Posted inHousing
America’s Hidden Fire Kindling
Federally subsidized housing complexes, many of them owned by for-profit investors, fail to enforce basic safety standards.
Posted inMoney, Politics, and Power
Cowboy Drugstore
Traces of a kleptocrat from Iraq to Delaware to Miami
Posted inAmerica and the World
China Reckons With Its Gilded Age
Xi Jinping’s ‘Common Prosperity’ program is a rebuke to an economic model that prioritized growth over personal welfare.
Posted inEnergy and the Environment
New Flood Insurance Rates Still Subsidize Coastal Development
FEMA says new rates are more fair. But homeowners can still skip buying insurance, premiums may still not price in severe climate risk, and the program remains insolvent.
Posted inEnergy and the Environment
A Flood of Risk
The federal flood insurance program has historically subsidized rich coastal homeowners. FEMA says they’re fixing that, but it could be false hope.
Posted inHousing
To Ease Affordable Housing Crisis, California Views a Broad New Law
The debate around SB 9 centers on equity, social justice, affordability—and whether it benefits residents or developers.
Posted inHousing
After Surfside, Calls for Building Oversight Grow
As the country makes plans to revitalize aging infrastructure nationwide, some housing experts argue that high-rise condos should be part of the conversation.
Posted inPolitics
Who Is Eric Adams?
New York’s new mayor-in-waiting is in some ways a throwback to an older era of urban politics.