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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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Jun 9, 2026 / Alastair Crooke
Iran Takes its Chances with War
The US war with Iran has moved beyond its initial phase to an emerging new one — one in which Iran implicitly stakes its chances on the next phase being war. Most likely this will be in abbreviated episodes of limited war, but possessing nevertheless a potential to widen regionally, should the US (and Israel) […]
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May 14, 2026 / Dave DeCamp
Iran Allows a ‘Number’ of Chinese Vessels To Transit Strait of Hormuz: Iranian Media
Iranian media reported on Thursday that Tehran has approved the transit of a “number” of Chinese vessels through the Strait of Hormuz, as President Trump is in Beijing for talks with Chinese President Xi Jinping. “Following requests by the Chinese foreign minister and the country’s ambassador to Iran, facilitation of the passage of Chinese ships […]
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May 28, 2026 / Tyler Durden
'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain
'Tank Bottoms' Loom At Cushing After Across-The-Board Inventory Draws, Another Huge SPR Drain
Oil prices bounced higher overnight after the US and Iran exchanged new strikes despite their purported ceasefire, rekindling uncertainty about an end to the Middle East war.
The latest strikes were the most serious since an April ceasefire, and came despite a series of headlines suggesting talks on a deal were progressing.
"A fresh exchange of strikes between the two countries is testing the fragile ceasefire and forcing a reassessment of the chances of a near-term agreement which can...
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