One Rental At A Time BlackRock CEO: GEN X is F*****
Feb 18, 2026
Discussion of BlackRock’s stark retirement warning and what it signals for Gen X. Concerns about corporate outlooks after Palo Alto Networks’ weak guidance. Debate on state tax policy driving capital migration and companies relocating. Coverage of steep historic home price gains and potential landlord impacts from NYC tax changes.
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NYC Tax Hike And Rent Pressure
- New York City plans a 9.5% property tax increase and to raid reserve funds under Mayor Eric Adams.
- The host predicts higher rents as landlords pass on increased tax burdens to tenants.
Bitcoin Could Drop Deep — Buy Opportunity?
- Bloomberg's Mike McGlone predicts a Bitcoin cycle low near $10,000, implying a potential 90% drop from cycle highs.
- The host says he'd dollar-cost-average into Bitcoin if it fell that far and buy another one.
Durable Goods Signal Capital Spending
- Durable goods headline missed but core (ex-transportation) was stronger, suggesting capital investment persists.
- The host links stronger durable goods to accelerated depreciation incentives boosting equipment purchases.