🇵🇭 Writing for @business @wealth | views are my own | 📧 pcachero@bloomberg.net | Signal: pcachero_reports.72

Joined October 2015
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NYC’s newest billionaire status symbol: a double-wide townhouse. Ultra-wealthy buyers are combining 2–3 historic townhomes into mega-mansions designed to feel like suburban estates — in the middle of the Manhattan. More on my story w/ @sooo__phie 🧵👇 bloomberg.com/graphics/2026-…
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Financially savvy homebuyers are finding creative ways to snag sub-6% mortgage rates -- if you snagged a low mortgage rate, Bloomberg News wants to hear from you. While the average rate is above 6%, two-thirds of borrowers were able to secure rates below that in March. We're looking to speak to buyers about how they were able to secure such low borrowing costs, whether they shopped around, got a pledged asset line of credit, or snagged a rare assumable mortgage. If you're open to sharing your experience, you can DM me or email me at pcachero@bloomberg.net
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The job market for recent college graduates in New York is worsening, clouding a once-bright spot in the city’s economy. The total number of available entry-level jobs in the city fell 37% between 2022 and 2024, a loss of nearly 30,000 positions overall Read the latest with @nahmias bloomberg.com/news/articles/…
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NYC’s newest billionaire status symbol: a double-wide townhouse. Ultra-wealthy buyers are combining 2–3 historic townhomes into mega-mansions designed to feel like suburban estates — in the middle of the Manhattan. More on my story w/ @sooo__phie 🧵👇 bloomberg.com/graphics/2026-…
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Debates over how to fix the city's housing crisis are largely framed as a race to build more supply. But NYU's Ingrid Gould Ellen said, “We don’t talk about the removals from supply... Maybe we’re swimming upstream.” bloomberg.com/graphics/2026-…
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This ambitious story was the product of a collaboration with many talented journalists in our newsroom. We could not have pulled this off without our editor @kristoncapps, data reporter @A_W_Gordon and @mariepastora and @PopovichN on graphics.
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Paulina Cachero retweeted
27 Oct 2025
Caught up with Zohran Mamdani during the final stages of the NYC mayor’s race. I saw him get heckled, talked to him about coalition building and got a sense of how he’s preparing for the general election and what’s beyond. 🎁: bloomberg.com/news/features/…
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Old debt, new crisis: Forgotten second mortgages are resurfacing across America and the cost could be your house. If a debt collector is coming after you for a "zombie" second mortgage, here's what you should do. My latest for @business bloomberg.com/news/articles/…
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More than 600,000 second mortgages from the early 2000s could still pose a threat to families across the US. My brilliant colleagues investigated the companies that are turning a profit on zombie debt. Read their full story here: bloomberg.com/graphics/2025-…
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Paulina Cachero retweeted
19 Sep 2025
In some of New York City’s wealthiest neighborhoods, even high earners are struggling to keep up with ballooning costs. @PaulinaCachero explains bloom.bg/4nyTyOE
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At least 65,000 households making between $100K and $300K a year pay 30% or more of their income on rent -- tens of thousands more than just 4 years ago. That's because many of the city's affluent areas saw some of the biggest rent hikes Tribeca, Greenpoint and Long Island City
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NYC developers are seeking to construct buildings with exactly 99 units. Why? A new tax break, 485-x, requires projects with 100 or more units to pay construction workers at least $40 an hour.
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The trend raises big questions. Are these smaller projects enough to meaningfully ease the city’s housing shortage? Or is policy unintentionally steering development away from the scale New York desperately needs? Read my latest for @business bloomberg.com/news/articles/…
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New York renters are getting squeezed more than ever as apartment costs continue their relentless climb. Have you been hit by massive rent hikes? Share your story with us. Email me at pcachero@bloomberg.net or fill out this survey: bmedia.iad1.qualtrics.com/jf…

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Zillow Group Inc. reported second-quarter results that beat analysts’ estimates. The real estate firm's CEO Jeremy Wacksman touted the company’s revenue growth, saying it came “against a housing market that bumps along the bottom.” bloomberg.com/news/articles/…
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Paulina Cachero retweeted
21 Jul 2025
Financial advisers say there are three key ways to give your kids real estate — as well as three mistakes that could turn this wealth-building launchpad into a potential landmine. @PaulinaCachero breaks it all down bloom.bg/4kRIUB0
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