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Joined 1 year ago
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Cake day: June 18th, 2023

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  • Thanks for the correction. I remembered seeing that number but didn’t analyze it in any depth. A more detailed analysis of the market, by Freddie Mac, concluded that there were four main drivers for the recent surge in prices, and investors weren’t on the list.

    1. record low mortgage rates in 2020 and 2021, and the race to beat future rate increases;
    2. limited supply from underbuilding and below average distressed sales;
    3. an increase in first-time homebuyers due to favorable age demographics; and
    4. increased migration from high-cost cities to areas that already had a housing shortage.

    Institutional investors apparently even reduced their purchases in 23 - some of them were even net sellers - because of prices and interest rates. That doesn’t mean they aren’t still villians in this scenario. I don’t think big investors should own single family homes at all. But still they aren’t as big a force as my previous comment indicated.




  • Surprised I haven’t seen Quantum Break in here. It’s a pretty good shooter with some magic powers thrown in for fun. You don’t get much say in the story, but it still kept my interest all the way through. And it has an interesting take on time travel, woven into the story quite well. It was made by Remedy Entertainment, before Control but after Alan Wake. Also I liked how they cast real actors in the game and made them recognizable. I picked out Courtney Hope in the game from seeing her in Control, even though her character is different in QB.




  • Just finished Breathedge. Subnautica in space? Sort of, but with a ‘ha, aren’t we game developers funny’ kind of humor. Portal is an immersive game that’s really funny. The humor in Breathedge, however, insures you can never really settle in to the game. Even so, It’s most impressive what such a small team was able to accomplish.

    Just started Plague Tale: Innocence. Stealth survival with hordes of rats - a little creepy and I’m not really expecting an uplifting ending, but we’ll see how it goes.