Tuesday links: housing market ennui
Finance Polymarket is losing share to Kalshi. (bloomberg.com) Don't be surprised if SpaceX ($SPCX) and Tesla ($TSLA) merge. (slate.com) The problems facing the property and casualty industry are only going to get worse. (hamiltonnolan.com) Is real estate still a diversifier? (institutionalinvestor.com) AI Token spending has flattened out. (apollo.com) CDS on hyperscalers are ticking higher.…
Housing residential investment is having a negative impact on economic growth, according to a recent report. Immigration is putting pressure on housing construction, making it more challenging for new homes to be built. Rising mortgage rates are acting as a barrier to any potential revival in the housing market. The national housing market is struggling, with many experts considering it a challenging task.
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