The Trump administration is quietly moving to change the Affordable Care Act to let health insurers offer people loans to pay for their care. Deep in a document over 1,000 pages long about how the Affordable Care Act market will operate next year, the administration suggests that insurers consider offering loans to cash-strapped customers. Under this approach, people who develop a costly disease or need unexpected emergency care would turn to their health insurer for loans. A third of American households already have medical debt, and this approach would mean even more debt that patients owe to their health insurance companies. The insurers, who already make billions, would stand to make even more. nytimes.com/2026/06/11/busin…

Housing is "unaffordable" in much the same way that Jennifer Aniston is perpetually single. If Aniston wanted be married, billions of males would take her up on it between breakfast and lunch. Except that her hotness and prosperity allow her to be choosy. Housing is no different. It's not "unaffordable" because of a lack of supply, NIMBYs, or zoning restrictions, it's costly because Americans grow more prosperous by the day. Like Aniston, they could be owners if willing to relax their standards. realclearmarkets.com/article…

Many older millennials are over $400K short of key retirement targets for their 40s trib.al/n4hzO9R

JUST IN: ACROSS ALL ACTIVE US HOUSING LISTINGS AS OF THIS MORNING, 1 IN 5 SELLERS WHO BOUGHT IN 2022-23 IS NOW ASKING LESS THAN THEY PAID The home buying class of 2022 bought at or near the top of the housing market. Today, 19% of them with a home on the market are listing at an unrealized loss - 10x the rate of sellers who bought before 2020, despite having nearly two-thirds as many homes on the market as that entire cohort. The damage: $1.7 billion in unrealized losses, a median haircut of $30,000 per home. One cohort. Half of every underwater listing in America. Where it's worst: Austin. 59% of 2022-23 buyers selling there are asking less than they paid - a median $84,000 below their purchase price. Unrealized loss = the seller's asking price is below what they originally paid.

Counterpoint: At least you have a really cheap housing payment when everything else in the world is surging in price.

Last year I moved back to Southern California from North Carolina We loved NC for the peace, the people, the nature, the slower pace of life But we now have a 4 year old, my wife struggled with health issues, and the weather was tough Being close to family is great In NC I built 2 businesses, made a ton of friends, explored new locations And moving back to California means starting over A lot of my friends have now moved out of state Both hold places in my heart But for now I'm here to stay, and enjoying every minute of it