It can easily be both statements are true. And a quick look at Zillow's data on Phoenix shows a huge run up in prices from 2015, but a leveling and interesting looking drop happening over the past year. The article certainly could have described this with a bit more elegance than it did.

The logic of the article is that people want more housing up to the point in which existing owners become terrified at the prospect of losing their equity and demand action. The logic is bizarre because the behavior its trying to describe is bizarre. Economy's are extremely complicated feedback loops and housing is part of the economy.

Further not to mention, I'm sitting next to two Appalachian dulcimers that were among the 100s he built in the 70s and 80s.

My question: from the article: "fewer than 500 miles between critical disengagement...".

I don't think I've ever gone more than 50 miles between critical disengagement - and that's on the open highway.

As a person who's often tasked with building reports for presentation, and more often, for passing on to analysts to expand on, I find that notebooks give a much more accessible workflow than other options. Excel is way too limiting, most of the downstream analysts aren't software devs and don't have, know, or want to know an IDE. Notebooks give a way to combine graphs, text and code (show your work) in a concise form.