The data center backlash has found its issue: the electricity bill
Local fights over hyperscale facilities used to be about noise and land. Now they are about household power costs, and the opposition no longer sorts neatly by party.
Mortgage rates, home prices, commercial property and renovation, translated into what it means for buyers, sellers, small landlords and the trades.
Local fights over hyperscale facilities used to be about noise and land. Now they are about household power costs, and the opposition no longer sorts neatly by party.
Searches for senior bathroom remodels have jumped this year, and for good reason. The bathroom is where small design decisions have the largest effect on whether someone can keep living at home.
Housing is where the economy becomes personal. Mortgage rates decide who can buy, home prices decide who feels wealthy, and the cost of renovation decides whether an older homeowner can stay put. For small businesses, commercial property and lease terms are often the second-largest cost after payroll.
This desk follows those threads. We track the rate environment and what it means for affordability, the commercial property market that small businesses lease from, and the renovation and remodeling economy that employs a large share of the skilled trades. We pay particular attention to aging-in-place renovation, because an aging population is quietly reshaping what homeowners spend on.
Rates and affordability. Mortgage rates move with longer-term Treasury yields; our Markets desk shows those live.
Commercial leases. Office, retail and industrial vacancy, and what tenants can negotiate.
Renovation and the trades. Remodeling demand, material costs and the labor market for contractors.
Local markets. Denver and the Front Range, plus the coastal and resort markets our Travel desk covers.
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Mortgage rates tend to track longer-term Treasury yields plus a spread for risk and costs. Inflation expectations and central bank policy influence both.
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