If 2024 was defined by stabilization, 2025 and 2026 are shaping up to test the entire development ecosystem again — not because of rate hikes or labor shortages, but because of something more structural: tariffs and insurance costs.Both forces are quietly reshaping...
A shutdown that says more about who we’ve become than who’s to blameThe federal government shutdown is drifting into its fourth week, and you can feel the fatigue setting in. It started on October 1st — the usual mix of gridlock and grandstanding — but this one feels...
We often talk about national trends in economic growth and decline as though the U.S. were one monolithic entity. But once you peel back the layers, you realize the story is far more regional—and, in many cases, far more concerning. According to Mark Zandi, Chief...
The headlines love to write off Los Angeles — traffic, taxes, politics, and “everyone’s leaving.” But on the ground, something very different is happening.A quiet industrial and technological transformation is reshaping Southern California, and the data shows it’s...
After years of being written off, San Francisco is now leading the nation in office visitation growth — and it might just be the momentum California needs to reset its commercial real estate narrative.According to new data from Placer.ai, the City by the Bay saw 19%...
| Kaufman Development Insights | October 2025The Geography of Income in AmericaAcross the United States, household income tells a story about more than just wages — it reflects the broader geography of opportunity, cost of living, and industry mix that defines each...
