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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Overhead aerial view of newly built detached housing

Oxford Economics says the crumbling housing market will continue deteriorating because of two key factors

A renovated bathroom completed by Realm, a renovations marketplace. The company is is responsible for about $200 million worth of projects each year.

Homeowners are pouring their equity into renovations because there’s ‘no incentive’ to sell in today’s housing market

Buyers

Buyers wield more power in housing market, especially in Sun Belt, with contract cancellations on the rise

By Nick Lichtenberg and Sydney Lake

Tenafly, New Jersey US

Today’s housing market is so upside down there are more senior citizens buying homes than Gen Z and millennials

ATLANTA, GEORGIA, UNITED STATES – OCTOBER 31: Mark Cuban answers questions during a small business town hall as part of the Harris-Walz campaign on October 31, 2024 in Atlanta, Georgia, United States. (Photo by Nathan Posner/Anadolu via Getty Images)

Mark Cuban says the AI war ‘will get ugly’ and intellectual property ‘is KING’ in the AI world

Worried businesswoman inside the car

Gen Z has regrets: 1 in 4 say they wish they hadn’t gone to college or would’ve picked a higher-paying industry

Lisbon , Portugal – 3 November 2022; Jamie Siminoff, Founder, Ring, on Centre stage during day two of Web Summit 2022 at the Altice Arena in Lisbon, Portugal. (Photo By Stephen McCarthy/Sportsfile for Web Summit via Getty Images)

Amazon Ring’s founder is back as CEO with a hard pivot to AI. How Jamie Siminoff went from ‘Shark Tank’ reject to $1 billion brand

A young woman sits sadly on the floor of her home, her phone in hand, caught in anxious anticipation.

Dating apps are banking on AI to win over Gen Z—but the sparks aren’t flying, survey finds

woman removing open house sign

Home sellers are so fed up with cutting listing prices they’re just yanking their homes off the market altogether

Two best friends are furnishing their new apartment together

Gen Z can’t afford a house on their own—so they’re buying with friends and family

Two Crash Champions workers conversing

This car-repair chain’s revenue skyrocketed 130x in the past five years—and 83% of its workforce doesn’t have a college degree, including its CEO

An aerial view of houses in Jersey City, United States on July 13, 2024. (Photo by Jakub Porzycki/NurPhoto via Getty Images)

Over 30 million homeowners don’t have a mortgage right now. Here’s why that’s a big warning sign about the housing market

Rich couple making a toast with champagne glasses while eating aboard a private jet.

What it takes to be wealthy in America: $2.3 million, Charles Schwab says

Frustrated concerned young couple calculating overspend budget

Gen Z and millennials can’t afford to buy a house, and it shows: The number of first-time homebuyers is half the historical norm

Kevinn O'Leary showing off his watches

Kevin O’Leary says he remembers the moment he became a millionaire—but it ‘was very anticlimactic’