By the end of this century, the extra discomfort from hotter temperatures could cost Americans billions of dollars per year, say researchers at UT Austin, Montana State, and the FHFA. Their findings come from an unexpected place: America’s favorite pastime. #econsky www.aeaweb.org/research/cha...

Had to drive out to the boat on the hard to grab something. For sure wishing for Spring/repairs to be done. Maybe another year it'll be kept in the water through winter, and I'll brave a gusty day when it's otherwise 30F out.

NEW ODD LOTS:

Get ready for another shock to rental affordability.

Why deportations, the California fires, insurance, and higher interest rates are combining to create a new supply crunch.

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🔥Bank runs don’t cause banking crises; they’re the symptom🔥 Emil Verner joins the show to discuss his research that finds historically it was bad fundamentals, not panics, that brought banks down. In this clip, we discuss why the Diamond-Dybvig model remains popular despite being ahistorical (1/2)

HMDA non-compliance is actually relatively interesting, something like 25% of FDIC insured institutions don't have a branch location in a MSA, and 6% of institutions fall below the asset size floor. Any idea how to back out who doesn't meet origination limits among remaining institutions?

As I prepare to drive into work, time to remember the nicer things in lieu of DC traffic, like fall camping.

Hm, something I did made my data match worse, not better, contrary to expectations. Now officially a tomorrow problem.