DID YOU KNOW? The U.S. Postal Service proposed raising the price of a first-class stamp by 10% to 55 cents and increasing rates on a popular shipping option used by Amazon.com Inc. and other shippers by more than 12%. More signs of inflation.
DID YOU KNOW? According to the Brookings Institution, incomes are expected to shrink by 36% by 2100 due to climate change. Climate change could fuel food and healthcare price increases. The real estate and moving industry is expected to see more opportunity as people seek to relocate to more climate-safe cities. Renewable energy resources like solar and wind are expected to grow over time. Real estate building codes will be adapted to rising water levels: expect to see lots of stilts and elevated entries in flood zones.
DID YOU KNOW?Jeff Bezos revealed some of his daily routine 'laws'.
***Go to bed early, get up early, read the newspaper, drink a cup of coffee and eat breakfast.
***Do "high IQ” meetings before lunch
***Try to finish making tough decisions by5 p.m
***Make 3 good decisions per day.
DID YOU KNOW?In 2017 real estate tech start-ups raised $3.4 billion in funding - a fivefold increase from 2013 - tackling a wide range of areas including appraisals, building management, financing, co-working, co-living, building amenities and empty retail space. Softbank invested in Compass this month, and also Opendoor which buys homes built in 1960 or later, worth $175,000 - $500,000 and not in need of major renovations or repairs. Operating mostly in the South, it bought $316 million of homes in August, up from around $100 million in January. After some light fixes, it sells the homes in an average of 90 days via a team of in-house agents. Opendoor plans to open in 2 cities per month and expects to be in 22 cities in the USA by the end of the year. Its success will be largely dependent on markets: We imagine in a declining market this business model could suffer.