This week, Byron Lazine and Nicole White discuss Brad Inman’s view on the Silicon Valley Bank collapse, Plunk’s impact on the real estate industry and Elon Musk’s future Texas fiefdom.

In these times, double down — on your skills, on your knowledge, on you. Join us Aug. 8-10 at Inman Connect Las Vegas to lean into the shift and learn from the best. Get your ticket now for the best price.

Byron Lazine and Nicole White are two agents in Connecticut who give us their thoughts on the week’s news every Friday in “The Real Word,” a weekly video column on Inman. This week 

This week, Lazine and White discuss Brad Inman’s take on the Silicon Valley Bank collapse, Plunk’s impact on the real estate industry and Elon Musk’s future Texas fiefdom.  

Topic No. 1: Inman says SVB sped up the pace of innovation

This week, Brad Inman wrote about his personal experience with Silicon Valley Bank and how, in his view, they sped up innovation for start-ups and entrepreneurs in the tech industry. While Lazine and White recognize the positive role that SVB played in the industry, they believe that the problem was the high-risk practices the bank engaged in.

Lazine questions how large entities with vast resources didn’t have a  better sense of SVP’s practices and didn’t have their finances better distributed. He and White then reviewed the importance of regional banks to offer buyers multiple options for their mortgage needs.

Topic No. 2: Plunk shakes up the real estate industry

Plunk, the world’s first, and currently only, real-time AI property valuation platform, is partnering with other tech companies to provide real-time, comprehensive home projects to identify renovation options with the greatest ROI. They’re tracking more than 104 million properties.

White said that this speaks to the ongoing appraisal industry problems and said that tools like this might turn out to be disruptors in that segment. This could potentially be a good tool for investors and real estate agents who want to work with investors.

Topic No. 3: Elon Musk is building a Texas fiefdom

Just east of Austin, Texas, Musk is planning to build a town featuring new streets, recreational facilities, a school and subsidized housing for  Tesla Inc., SpaceX and the Boring Co. employees. Lazine and White said this isn’t unusual since many corporate and financial leaders have created or developed communities. What’s interesting, however, is that Musk plans to subsidize housing which is a boon for employee retention, especially with the crisis in housing affordability.

Want to be part of the conversation? Drop your thoughts in the comments section below, or shoot us an email.

Show Comments Hide Comments


Sign up for Inman’s Morning Headlines
What you need to know to start your day with all the latest industry developments
By submitting your email address, you agree to receive marketing emails from Inman.
Thank you for subscribing to Morning Headlines.
Back to top
Only 3 days left to register for Inman Connect Las Vegas before prices go up! Don't miss the premier event for real estate pros.Register Now ×
Limited Time Offer: Get 1 year of Inman Select for $199SUBSCRIBE×
Log in
If you created your account with Google or Facebook
Don't have an account?
Forgot your password?
No Problem

Simply enter the email address you used to create your account and click "Reset Password". You will receive additional instructions via email.

Forgot your username? If so please contact customer support at (510) 658-9252

Password Reset Confirmation

Password Reset Instructions have been sent to

Subscribe to The Weekender
Get the week's leading headlines delivered straight to your inbox.
Top headlines from around the real estate industry. Breaking news as it happens.
15 stories covering tech, special reports, video and opinion.
Unique features from hacker profiles to portal watch and video interviews.
Unique features from hacker profiles to portal watch and video interviews.
It looks like you’re already a Select Member!
To subscribe to exclusive newsletters, visit your email preferences in the account settings.
Up-to-the-minute news and interviews in your inbox, ticket discounts for Inman events and more
1-Step CheckoutPay with a credit card
By continuing, you agree to Inman’s Terms of Use and Privacy Policy.

You will be charged . Your subscription will automatically renew for on . For more details on our payment terms and how to cancel, click here.

Interested in a group subscription?
Finish setting up your subscription