Austin Office, Luxury Homes & Dallas Aribnb

Finishing off their double header, the boys are back-to-back again and are ferociously diving in to the Austin office market, the luxury home market's new reality and some new changes in Dallas. Apparently Dallas' City Council has banned short-term rentals from "single-family areas." Oh, and Saied also thinks that this is a financial literary podcast where we discuss books about finance. Confused? So are we. Episode 164 of The Higher Standard is here to save the day.

Resources:

Austin office market hits record-high vacancy (The Real Deal)

The Luxury Home Market Confronts Its New Reality: Not Enough Buyers and Sellers (The Wall Street Journal)

The Dow sinks, snapping its longest run since 1987 (CNN Business)

Dallas City Council bans short-term rentals from single-family areas (Fox 4 News)

Biggest winners and losers from the Fed’s interest rate hike (Yahoo! News)

US economy defies recession fears with strong second-quarter performance (Yahoo! News)

A $5.5 trillion savings wipeout is raising risks for the US economy (Yahoo! News)

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