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What happens when private equity buys homes in your neighborhood

Here's what happens when private equity buys homes in your neighborhood Joe Raedle/Getty Images This comes from the Planet Money newsletter. Subscribe now to get more insights into how our economy works delivered to your inbox each week. Daniel Erb became a corporate landlord kind of by accident. It started in 2020, when he received his first bonus as an investment banker. It was more money than he was used to. He wanted to invest in real estate, so he called his cousin, a research analyst at

The hidden cost of living in Mark Zuckerberg’s $110M compound

In Brief Mark Zuckerberg has spent 14 years gobbling up his leafy Palo Alto neighborhood, according to a New York Times report that details how the Meta CEO has purchased 11 properties for over $110 million to create his own personal fiefdom in Crescent Park. The piecemeal compound features a main residence, guest homes, manicured gardens, and a pickleball court — even a pool with a movable hydrofloor that can turn the swimming area into a dance floor. The pièce de résistance: a seven-foot sta

‘Helluva Boss’ Team Breaches Tumblr Containment With ‘Homestuck’ Animated Series

The most online of people likely remember Homestuck, Andrew Hussie’s internet fiction series. After Hussie ended the webcomic in 2016, loyal fans have kept it alive with various side projects and Hussie’s occasional guidance. Now, it’s getting its biggest side project yet in the form of an animated series. Or rather, the pilot for one. This comes courtesy of Hazbin Hotel creator Vivienne Medrano and her animation company Spindlehorse, and with some well-known voice talent attached. Video game a

The hidden cost of living amid Mark Zuckerberg’s $110M compound

In Brief Mark Zuckerberg has spent 14 years gobbling up his leafy Palo Alto neighborhood, according to a New York Times report detailing how the Meta CEO has purchased 11 properties for over $110 million to create his own personal fiefdom in Crescent Park. The piecemeal compound features a main residence, guest homes, manicured gardens, and a pickleball court — even a pool with a movable hydrofloor that can turn the swimming area into a dance floor. The pièce de résistance: a seven-foot statue

19% of California houses are owned by investors

Relatively speaking, California is not a hot spot for housing investors. That’s a conclusion from my trusty spreadsheet’s review of data on investor activity across the nation from BatchData, a small data tracker that digs deeper into property records than many traditional real estate analysts. BatchData reviewed California ownership records to identify the state’s owner-occupied residences compared to houses controlled by investors. This study included properties for short-term or long-term r

Where are vacation homes located in the US?

As of 2023, the US has around 142.3 million housing units: roughly one home for every 2.4 people in the country. The vast majority of these homes – 127.5 million – are occupied. The remaining 14.8 million homes are vacant. Of these, around 4.8 million homes, or around 3.5% of the total, are vacant because they’re seasonal, or vacation, homes. I’ve spent a lot of time writing about patterns of housing and home construction in the US, but virtually none of it has been looking at vacation homes sp

Installing a home battery or solar before tax credits end? Use this to assess your home first

Frederick Doerschem/Getty Images As homeowners, few things get us lathered up quite like comparing our homes to the homes of our friends, family, and neighbors. Whether it's a point of pride or frustration, we have a hard-wired need to share and overshare our home-related wins and losses. Also: Stop waiting for an emergency to upgrade your home's tech - there's a better way There are certain areas of the home, however, that have elevated potential to bring value to our lives beyond bragging

The Power and Beauty of Incrementalism

This article is X-Posted from the Live Near Friends blog. Looking to buy your own friend compound? We have specialist real estate agents who help people make it happen in: San Francisco Bay Area • Seattle • Los Angeles • Washington, DC. Get in touch: [email protected]. I’ve seen a lot of our readers get blocked in their live-near-friends dreams by the size of their visions. They want a “bestie row” - a single block filled with 10 their friends. Or they want a rural compound on a hill w

Gemini’s homescreen could take this idea from its biggest rival (APK teardown)

Ryan Haines / Android Authority TL;DR Gemini is taking some inspiration from ChatGPT. There are now suggestion chips on Gemini’s homescreen. Google also appears to have made a tweak to the greeting text. Save for a brief, friendly greeting and text box at the bottom, Gemini’s homescreen is fairly empty. However, Google could fill up some of that unused space by taking an idea from one of its rivals. Authority Insights story on Android Authority. Discover You're reading anstory on Android Au

We Love ‘The Goonies,’ but Something Irks Us All These Years Later

One of the many blessings/curses that comes with aging is a new perspective on things. Movies, for example. You can watch a movie a billion times growing up, learn to quote every line, buy posters and toys, and revel in how watching it makes you feel like a kid again. Then, you watch it a few years later and notice something you never noticed before. Something that didn’t matter when you were 10, 20, or 30. But at 40 or 50, you can’t quite get your head around it. This doesn’t ruin the movie exa