Homebuilders have experienced major whiplash over the last few years. The pandemic originally caused them to slam the brakes on new development. Then the housing boom happened and they raced to catch up and build — but then they ran into supply-chain constraints. Then in 2022, the interest rate shock put the market into a freeze. But before that building can begin, how do developers find completely unused land and turn it into new homes? Who takes on that risk? Who buys and brokers that land? On this episode of the podcast, we speak with Chase Emmerson, the co-CEO of Emmerson Holdings, an Arizona-based boutique land investor. He explains the process of securing land, getting it permitted for development, obtaining water rights, and more. He also walks us through what he's seeing in the housing market right now.

Homebuilders have experienced major whiplash over the last few years. The pandemic originally caused them to slam the brakes on new development. Then the housing boom happened and they raced to catch up and build — but then they ran into supply-chain constraints. Then in 2022, the interest rate shock put the market into a freeze. But before that building can begin, how do developers find completely unused land and turn it into new homes? Who takes on that risk? Who buys and brokers that land? On this episode of the podcast, we speak with Chase Emmerson, the co-CEO of Emmerson Holdings, an Arizona-based boutique land investor. He explains the process of securing land, getting it permitted for development, obtaining water rights, and more. He also walks us through what he's seeing in the housing market right now.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets and economics. Join the conversation every Monday and Thursday.

Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Tuesday and Thursday for interviews with the most interesting minds in finance, economics and markets.

Odd Lots

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday. 

On Bloomberg’s Odd Lots podcast Joe Weisenthal and Tracy Alloway explore the most interesting topics in finance, markets, and economics. Join the conversation every Monday and Thursday.

How Empty Land in the Arizona Desert Gets Turned Into Homes

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/4d66deaa-eac5-4b0b-a85b-afb80114c513/transcript

Over the last year or so, probably every venture capitalist has become interested in artificial intelligence. So people are still figuring out what types of business models actually work, and who will end up making money in the space. Josh Wolfe has been at it for a long time. As a co-founder and managing partner at Lux Capital, he's been involved in a number of deals in the space, and is already looking at what's next after the wave of excitement for chatbots since ChatGPT was released. On this episode, we talk to Josh about what he's excited about right now, including robotics, biotech, and maintenance. He tells us that just as ChatGPT opened everyone's eyes to the power of chatbots, a similar moment is coming in the robotics space.

Over the last year or so, probably every venture capitalist has become interested in artificial intelligence. So people are still figuring out what types of business models actually work, and who will end up making money in the space. Josh Wolfe has been at it for a long time. As a co-founder and managing partner at Lux Capital, he's been involved in a number of deals in the space, and is already looking at what's next after the wave of excitement for chatbots since ChatGPT was released. On this episode, we talk to Josh about what he's excited about right now, including robotics, biotech, and maintenance. He tells us that just as ChatGPT opened everyone's eyes to the power of chatbots, a similar moment is coming in the robotics space.

Josh Wolfe: The ChatGPT of Robotics is Coming

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/5920f43f-b27a-4143-b6ee-b15700fa6959/transcript

At the end of 2023, there was a lot of optimism that the US economy was on that glide path to a soft landing. But at least in the first quarter of this year, inflation has come in hotter than expected. So is this just a speedbump on the way back down to 2%? Or is this a new trajectory for inflation that will make the Federal Reserve rethink its existing approach? On this bonus episode of Odd Lots, we caught up with Richmond Fed President Tom Barkin in Mount Airy, North Carolina, to get his assessment of the latest data, and what it means for policy. He explains why he thinks policy is still restrictive, and why he doesn’t see evidence yet of overheating demand.

At the end of 2023, there was a lot of optimism that the US economy was on that glide path to a soft landing. But at least in the first quarter of this year, inflation has come in hotter than expected. So is this just a speedbump on the way back down to 2%? Or is this a new trajectory for inflation that will make the Federal Reserve rethink its existing approach? On this bonus episode of Odd Lots, we caught up with Richmond Fed President Tom Barkin in Mount Airy, North Carolina, to get his assessment of the latest data, and what it means for policy. He explains why he thinks policy is still restrictive, and why he doesn’t see evidence yet of overheating demand.

Richmond Fed President Tom Barkin On Getting Inflation Under Control

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/089876c4-18a1-4a21-8c24-b1560165ac85/transcript

On June 2, 2024, Mexicans will go to the polls to elect a successor to current President Andrés Manuel López Obrador. His chosen successor, former Mexico City Mayor Claudia Sheinbaum, is the odds-on favorite. But what is AMLO’s legacy exactly? In some sense, economic growth under his administration has been robust. On the other hand, there’s been very little progress on domestic security. He also leaves a legacy of massive spending routed through the military, whose fruits are still undetermined. On this episode, we speak with Bloomberg News reporter Andrea Navarro, who has dug deep into how AMLO has conducted economic policy, his approach to industrial and fiscal policy, and whether Mexico is now in a position to ride the ongoing wave of trade with the US and the nearshoring of international supply chains.

On June 2, 2024, Mexicans will go to the polls to elect a successor to current President Andrés Manuel López Obrador. His chosen successor, former Mexico City Mayor Claudia Sheinbaum, is the odds-on favorite. But what is AMLO’s legacy exactly? In some sense, economic growth under his administration has been robust. On the other hand, there’s been very little progress on domestic security. He also leaves a legacy of massive spending routed through the military, whose fruits are still undetermined. On this episode, we speak with Bloomberg News reporter Andrea Navarro, who has dug deep into how AMLO has conducted economic policy, his approach to industrial and fiscal policy, and whether Mexico is now in a position to ride the ongoing wave of trade with the US and the nearshoring of international supply chains.

What AMLO's Legacy Means For Mexico's Upcoming Election

https://api.omny.fm/orgs/e73c998e-6e60-432f-8610-ae210140c5b1/clips/51744849-b0b3-46cf-b275-b15601259cc5/transcript

How Empty Land in the Arizona Desert Gets Turned Into Homes

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