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Photo of Sydney Lake

Sydney Lake

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Sydney Lake is an associate editor at Fortune, where she writes and edits news for the publication's global news desk covering generational dynamics, billionaire philanthropy, housing, real estate, luxury, and wealth. Before joining Fortune, Sydney served as the assistant editor of Virginia Business magazine and worked 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.
Fed chair Jerome Powell standing at a podium
Finance
‘A problem we’ll be working on for years’: Fed chair Jerome Powell says commercial real estate’s impact on banking has just begun 
By Sydney LakeFebruary 6, 2024
Paul Bettencourt
Politics
Texas lawmaker who opposes giving $500 per month to 1,900 Houstonians sponsored a bill to save every homeowner $1,300 a year
By Sydney LakeFebruary 5, 2024
Jerome Powell
Finance
Why is rent still so high, a year after experts told us it was going to fall?
By Irina Ivanova and Sydney LakeFebruary 3, 2024
Black family
Finance
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
By Sydney LakeFebruary 2, 2024
housing dream
Finance
You have to be ‘wealthy or lucky’ to buy a home in this housing market, says top economist Ali Wolf
By Sydney LakeJanuary 31, 2024
Family standing looking at house between on another cliff they cannot reach
Finance
‘Buying a home is not even remotely possible‘ for many Americans, says Moody’s chief economist
By Sydney LakeJanuary 29, 2024
Young couple looking stressed over finances
Finance
‘This Old House’ just took a look at the American Dream of homeownership, and sees ‘evident desperation’ among homebuyers
By Sydney LakeJanuary 28, 2024
Row of homes with red up arrows
Finance
Zillow just raised its home price forecast, seeing a 3.7% jump in 2024, and it’s all because of ‘external factors’
By Sydney LakeJanuary 25, 2024
Home for-sale sign with icicles
Finance
The housing market is in its worst slump since 1995. NAR says the ‘world was much different’ then—here’s how
By Sydney LakeJanuary 24, 2024
Rows of cookie-cutter homes
Finance
Wall Street’s landlord phase is back on, as Blackstone’s $3.8 billion acquisition of Tricon rouses a slumbering institutional investing sector
By Sydney LakeJanuary 19, 2024
House for sale covered in snow
Finance
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 BotrosJanuary 19, 2024
Bank of America CEO Brian Moynihan says commercial real estate is undergoing a 'slow burn of change.'
Finance
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’
By Sydney LakeJanuary 17, 2024
The frozen housing market has more competition than pre-pandemic.
Finance
3 reasons why the frozen housing market of 2024 is actually more competitive than before the pandemic, Zillow says
By Sydney LakeJanuary 16, 2024
Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault
Finance
Ex-Cloudflare employee records her firing and sparks a debate about whether it was a layoff in disguise or her fault
By Sydney LakeJanuary 12, 2024
Baby boomers’ total housing equity is still triple that of millennials
Finance
The economy just handed boomers another win—the U.S. housing market nearly doubled in a decade to a record $23 trillion
By Sydney LakeJanuary 10, 2024
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