Sydney Lake

Sydney Lake

Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk. At Fortune, she previously wrote about real estate, housing, and higher education. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and interned on the production desk at CQ Roll Call. She earned her bachelor’s degree in journalism and leadership studies from the University of Richmond and her master's degree in digital media management from the University of Southern California.

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Angela Ahrendts seated during an interview

A top exec at Kim Kardashian’s new private equity fund once made it her mission to persuade Apple’s Tim Cook not to hire her. It didn’t work

Woman lounging in yellow chair in empty apartment

Meet Zillow rooms for rent: A Craigslist killer for the millennial and Gen Z set—and a symbol of the housing affordability crisis

Janet Yellen at a hearing

Janet Yellen is ‘concerned’ and sees a ‘lot of stress’ ahead for commercial real estate as wave of giant loans come due this year

Fed chair Jerome Powell standing at a podium

‘A problem we’ll be working on for years’: Fed chair Jerome Powell says commercial real estate’s impact on banking has just begun

Paul Bettencourt

Texas lawmaker who opposes giving $500 per month to 1,900 Houstonians sponsored a bill to save every homeowner $1,300 a year

Jerome Powell

Why is rent still so high, a year after experts told us it was going to fall?

By Irina Ivanova and Sydney Lake

Black family

Housing inequality: Black homeowners won’t catch up at this rate for over 300 years. But they could with a $1.7 trillion affordable housing plan, McKinsey says

housing dream

You have to be ‘wealthy or lucky’ to buy a home in this housing market, says top economist Ali Wolf

Family standing looking at house between on another cliff they cannot reach

‘Buying a home is not even remotely possible‘ for many Americans, says Moody’s chief economist

Young couple looking stressed over finances

‘This Old House’ just took a look at the American Dream of homeownership, and sees ‘evident desperation’ among homebuyers

Row of homes with red up arrows

Zillow just raised its home price forecast, seeing a 3.7% jump in 2024, and it’s all because of ‘external factors’

Home for-sale sign with icicles

The housing market is in its worst slump since 1995. NAR says the ‘world was much different’ then—here’s how

Rows of cookie-cutter homes

Wall Street’s landlord phase is back on, as Blackstone’s $3.8 billion acquisition of Tricon rouses a slumbering institutional investing sector

House for sale covered in snow

Did the housing market just hit a bottom? New data reveals home sales hit their lowest point in 28 years in 2023

By Sydney Lake and Alena Botros

Bank of America CEO Brian Moynihan says commercial real estate is undergoing a 'slow burn of change.'

One of America’s top banks has shed nearly 40 million square feet of office space over 15 years. BofA CEO unpacks commercial real estate’s ‘slow burn of change’