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One Forgotten Housing Supply-Side Lever Could Unfreeze Affordability
One Forgotten Housing Supply-Side Lever Could Unfreeze Affordability
Rental affordability remains far superior to mortgage affordability, with the U.S. 30-year fixed mortgage rate trending around 6.5% in early June. With home prices still at record highs, last week's housing report showing sellers pulling listings at a near-record pace as buyers balk at prices is yet another warning sign that the frozen housing market remains well intact.
The Trump administration's affordable housing strategy focuses on market deregulation, expanded homeownership, stricter citizenship requirements for federal housing assistance, and Fannie Mae and Freddie Mac...
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Jul 27, 2026 / Tyler Durden
Ex-Wife In Korea's $645M "Divorce Of The Century" Gets Iced Out Of AI Boom
Ex-Wife In Korea's $645M "Divorce Of The Century" Gets Iced Out Of AI Boom
A Seoul court has ordered SK Group Chairman Chey Tae-won to pay his ex-wife 944 billion won ($645 million), in the largest divorce award in South Korean history. And while the figure is a record, it was calculated against a stock price more than two years old - before it went ballistic in the AI boom.
Chey Tae-won, chairman of SK Group. Lee Young-hwan/Newsis/Associated Press
The Seoul High Court's First Family Division, presiding judge Lee Sang-ju, issued the ruling...
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Apr 14, 2026 / Tyler Durden
Chinese Firm Claims It Tracked US Jets Over Iran During Operation Epic Fury
Chinese Firm Claims It Tracked US Jets Over Iran During Operation Epic Fury
Authored by Ameya Paleja via Interesting Engineering,
MizarVision, a private Chinese company specializing in geospatial intelligence, claims to have tracked US aerial refueling missions of its KC-135 and KC-46 tanker aircraft during Operation Epic Fury. A report published earlier this month analyzed these activities and provided links to strike patterns witnessed in Iran.
The recent strikes conducted by the US over the past month surprised many around the world, but data from transporters refueling flights provided valuable information about...
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Jun 3, 2026 / Tyler Durden
SPLC Employee Funneled $1.2 Million To Neo-Nazi Lover - And More: DOJ Superseding Indictment
SPLC Employee Funneled $1.2 Million To Neo-Nazi Lover - And More: DOJ Superseding Indictment
The Southern Poverty Law Center built a massive empire - ballooning to over $787 million in assets - by promising donors it was the frontline defender against "hate" and white supremacy. But according to the Department of Justice's superseding indictment, the organization allegedly funneled millions in tax-exempt donor dollars to the very extremists it publicly condemned.
The Juiciest Revelation: The $1.2 Million Romantic Entanglement
One of the most shocking details involves "F-9" - a field source affiliated with...
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