Executive Summary: A New Frontier in Financial Infrastructure On Wednesday, the halls of the House Financial Services Committee became a rhetorical battleground over the fundamental architecture of the American economy. At the center of the dispute is the proposed Payments Access and Consumer Efficiency (PACE) Act, a bipartisan piece of legislation that seeks to bridge…
For decades, the American real estate dream has been defined by the "mom-and-pop" ethos: the local contractor you’ve known for years, the independent broker who knows every street in the neighborhood, and the competitive marketplace that kept prices tethered to supply and demand. However, a seismic shift is occurring beneath the surface of the housing…
For decades, the American real estate industry has been defined by the "mom-and-pop" ethos: the independent contractor, the local brokerage, and the small-scale investor. However, a seismic, under-reported shift is currently underway. While mainstream headlines remain fixated on interest rates and institutional home-buying, a more pervasive force is quietly monopolizing the foundational layers of the…
