https://finance.yahoo.com/news/mortgage-applications-dropped-last-week-as-rates-shot-up-110025619.html

Mortgage applications dropped last week as rates shot up

Tariff turbulence is beginning to show up in housing data.

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The decline of SFX serves as a valuable lesson regarding the challenges of commodifying a subculture, highlighting the resilience of outsider communities. Prior to the rise of electronic dance music (EDM), dance music had thrived for decades as a grassroots and often marginalized community, with its members cautious of any efforts to exploit its cherished authenticity. Despite SFX's attempts to engage with a new generation of dance music enthusiasts, it struggled to resonate with the dedicated core audience at the heart of the genre. SFX developed within the EDM boom, a time when it seemed that electronic dance music would dominate the industry. However, the transition of a subculture into the mainstream can often alienate its foundational audience. As casual fans shift their interests elsewhere, a significant void is left behind.

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