Morning Brew Daily - Rent Control Fever Catches Boston & Tide Unveils Most Unappetizing Detergent
Episode Date: February 18, 2026Episode 782: Neal and Toby discuss a potential pivotal ballot measure in Massachusetts where a proposed rent control bill has the state’s top Democrats divided on the issue. Then, remote work isn’...t just a young person’s game. A new study shows younger companies tend to embrace remote work vs. older companies. Also, Tide just released a new tile-formed laundry detergent…and no, it’s not meant to be eaten. Meanwhile, Norway has absolutely dominated the Winter Olympics so far…and everyone wants to know their secret. Learn more about FlavCity at https://go.shopflavcity.com/mbds Subscribe to Morning Brew Daily for more of the news you need to start your day. Share the show with a friend, and leave us a review on your favorite podcast app. Listen to Morning Brew Daily Here: https://www.swap.fm/l/mbd-note Watch Morning Brew Daily Here: https://www.youtube.com/@MorningBrewDailyShow Learn more about your ad choices. Visit megaphone.fm/adchoices
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Good morning Brugelie show.
I'm Neil Fryman.
And I'm Toby Howell.
Today, rent control fever sweeps the country.
Then Tyne just released the successor to the Tidepod, and you better not eat this one.
It's Wednesday, February 18th.
Let's ride.
Remember Game of Thrones?
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A lot of anime, including Vinlan Saga. He did rivalries snuck in there as well, but
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I am not saying we're going to get it departed too,
but things are getting a little rowdy in Massachusetts.
New England's most populous state is gearing up for a fight over rent control, which is likely to end up on the ballot in November.
The proposal is pitting landlords against labor advocates, economists against policymakers, Democrats against Democrats,
Patriots against loyalists, and the entire country is watching.
One of the reasons this rivalry is so heated is that the proposal would be the strictest rent control anywhere in the United States.
It would prevent Massachusetts landlords from raising annual rents by more than the rate of inflation, or 5%, whichever is lower.
In other areas like California, Oregon, and Maryland,
rec control is limited to the rate of inflation plus a little sugar on top.
It's a drastic plan that even split the state's two most powerful politicians,
Governor Mara Healy and Boston Mayor Michelle Wu.
Healy is against the rent control initiative, but Wu came out for it last week,
saying I'm not going to let the perfect be the enemy of the good.
What no one disagrees about is Massachusetts and the Boston area in particular
are facing a housing affordability crisis.
rent prices are among the most expensive in the country.
Statewide, a two-bedroom apartment goes for about 2560 a month,
74% above the national average.
In Boston, that spikes to nearly $3,400.
So, speaking as a Massachusetts native,
can we just all come together and remember the real enemies here,
our Yankees fans?
We will actually talk about New York in just a sec,
but you said it's dividing lots of people within Massachusetts.
It's even dividing Michelle Wu herself,
because earlier in the year,
she would criticize this very same initiative.
he called it quite restrictions.
He said it could potentially discourage construction.
And that really does drill into the economic argument against rent control is that people
say Boston rents are high because demand for housing exceeds construction.
That is a simple microeconomic fundamental supply demand issues right there.
And so the solution is to increase supply.
The solution is to make it easier to build rather than putting caps on rents trying
to constrain pricing artificial.
that is always kind of the general thrust of people's critiques of rent control initiatives.
Yeah, that's what Mara Healy, the governor, has been saying. She said, if you look at the studies,
you effectively halt production. And that's because if landlords don't raise rents, then they
can't collect enough money and then they won't put more money into building housing or
maintaining certain properties. So she points to this example in the Twin Cities, which we
got over the past few years. And the Twin Cities is kind of this nice, natural experiment of what
different policies can do to housing. I'm talking about Minneapolis. They did not have rent control.
They saw a rise in permits. And St. Paul, right next door, did have rent control. And they just,
and they saw permits for multifamily construction just tumble precipitously. And now they are rolling
that back. So if you look at different places around the United States that have implemented this,
including Massachusetts back in the 70s and 90s, which you can talk about, then they say this is just a
policy that while it has great intentions to bring prices, to keep prices manageable for rents,
it just simply doesn't work on the ground. Yeah, it is very funny. There literally is historical
precedent in Massachusetts, as you mentioned from 1970 to 1994. So initially, it is popular because
who doesn't want lower rents, especially when you're trying to get elected as a politician,
but then some of the observed outcomes from that period in Massachusetts, available units
declined. Housing quality kind of fell. And by the mid-1980s, 11,000 rentals were
vacant in Boston, which is just exactly what you don't want in a city with a constrained housing
supply. So there are plenty of examples of people trying this, but it just happens because people are
feeling extremely crunched right now in New York City, in Boston, and a lot of these places that
these ballot initiatives are going to gain a lot of support. Yeah, we should just say it's not just
Boston or Massachusetts that is entertaining the idea of rent control in Los Angeles.
They just recently tightened rent control for the first time in four decades. Zorn Mabdadi,
the new mayor of New York City, has this big campaign pledged to freeze rents for
stabilized units. It looks like we'll see what happens in Massachusetts, but it does seem like
there's a lot of popular support. There was a survey of 500 registered voters. Nearly 63% would
support the rent control ballot measure should it come in November. And also, this is not the
only governor-mayors spat that's happening right now. Yesterday, Zoran Mamdani of New York City
proposed a 9.5% property tax hike, which goes against what New York Governor Kathy Hochel wanted because
he wants to tax the wealthy and corporations, and he said that Hockel's not letting him do that.
So this was a last-ditch attempt to fill a $5 billion to your budget hole.
So that's a nearly 10% property tax hike for New York City, which would be the first
property tax hike in more than two decades.
That got a lot of people talking.
Can't we all just get along and build more housing in the process?
All right, moving on, if your version of commuting to your job involves rolling out of bed
and changing into your business sweatpants, then I have some advice as to which companies to work for.
Newer companies are significantly more likely to allow work from home,
according to a new National Bureau of Economic Research Paper.
Employees that companies founded after 2015 are about twice as likely to work from home
compared to firms founded before 1990.
Well, duh, you say, boomers and GenX are famously office-billed,
and the data backs that up, too.
CEO-AIDS has just as much to do with work policies as company aids.
CEOs under 30 offer, on average, 1.1.1.1.1.1.1.5.
for work from home days a week, while CEOs over 60 offer just 1.1.
Still, when a company was founded matters the most of all.
Unsurprisingly, if you were bringing a company into the world in 2020, you were remote first
by necessity, and to this day, companies founded during that year lead all cohorts with
1.7 for work from home days per week.
How does this affect you?
Well, even as companies like Amazon and JP Morgan are waging a return to office battle,
their older leaders will eventually retire bringing millennials and Gen Zs into CEO roles
who will potentially bring more flexible work preferences with them.
So, Neil, if you want that short commute like bed to desk length, then youths in the boardroom
could be an important aspect to target.
This has really big implications because over the past couple of years, from 2023 to 2025,
these same researchers that did this study have been tracking remote work and they found
that work from home rates have been declining over that time period.
But this study suggests that maybe in five to ten years, so you're talking about as more Gen Z comes into the border when they implement these remote first policies, that total remote work across the United States will start to rise again.
So really this generational shift has huge implications for remote work, commercial real estate, everything that goes into that, huge societal shifts.
So it's very interesting to see this study out.
There is an ironic kind of undercurrent to this, though, because there's a big narrative violation that we have to point out here.
Gallup did a poll last year that found amongst baby.
Boomers, Gen X, Millennials, and Gen Z. Gen Z is actually the least likely to favor exclusively
remote work. Only 23% of Gen Z employees say they prefer fully remote work compared to 35% of
employees from each other generation. So even though this study is saying like, hey, yeah,
work from home might come back into popularity again. Maybe young people don't even want that.
They love going to the office because who doesn't love going to the office? You get to hang out
with your best buddies. So a lot of people do not like to go to the office.
That is certainly clear.
But it seems like these companies that were built from 2020 on were just remote native from the first place.
And that's why we're seeing such drastic discrepancies between companies that were created after 2020 and those before 1990.
Because if you started a company in 2020 or 2021 or 2022, you have Slack built in.
You have Zoom built in.
And probably now you have AI tools built in that all leads to maybe more asynchronous workplace.
So even if these Gen Z bosses stare down, these Gen Z workers who want to go back to the office,
seems like the genie is out of the bottle.
And there will be at least a certain amount of days that will be remote work for the foreseeable future.
And there's absolutely an argument, too, that new technologies with AI technologies,
maybe work from home becomes even more easier to pull off, like, asynchronous workflows
are just becoming the norm.
So there is just a real technological argument to this as well that maybe in 10 and 20 years,
it will be much easier to work from home than it even is.
is today. TidePod meet the Tide Trisket. Yesterday, Tide announced its latest attempt to change
the way you do laundry, revealing that its new tile-like detergent brand will roll out nationwide
in April. It's Tide's biggest laundry innovation since the Tide Pod in 2012, which has grown
to a $2 billion a year business for parent company Proctor and Gamble. Called Tide Evo, these tiles
really do resemble a trisket, though you shouldn't snack on them. Each one is made up of more
than 15 miles of super thin fibers stacked in six different layers of cleaning ingredients.
The tile gradually dissolves when the water hits and is specifically designed to be washed cold.
And the process of inventing it, talk about the laundry equivalent of the Manhattan Project.
15 PhD level of chemists and engineers spent over a decade in the lab perfecting this tile,
all in the hopes that Christopher Nolan will one day make a movie about them.
More pressing for P&G is the question of whether the tile will make a dent in the $9.3 billion
dollar market for laundry detergent in the U.S., 70% of which is dominated by liquids.
Execs are bullish, telling Axios that Tide Evo will be, quote, big, if not bigger than Tidepods.
But of course, they're going to say that. Toby, I'm more interested in your opinion.
I think it is so funny how they are persisting at this product because they, in their marketing
materials, they're saying that it triggers four out of five sentences. They say sight.
It has this lovely diamond-shaped touch. It's a dense sponge, fuzzy feel. The smell,
you can just smell the cleanness. And even the sound that makes a little pop,
when you open the box.
The fifth sense, though, they're saying deliberately avoided.
In that sense is taste, obviously,
because Tide pods have this story history.
They look like candy.
People on social media did the Tide Pod challenge.
They started eating the Tide Pods,
which was a PR nightmare for P&G,
because unfortunately they made a delicious-looking laundry pod.
So this one, they're getting out in front of it
and saying Triscuit is almost like a good way of thinking about it,
because this is dry and fibers.
You don't want to eat it.
They're saying there's no way any of you out there
could possibly find this appetizing. So I love how they're trying to get in front of people
trying to put it in their mouths. What's interesting to me about this particular product is how
they're trying to establish these green sustainability bonafides. They're positioning as a way
to eliminate the need for plastic bottles. And another thing is about the particular packaging,
specifically very lightweight, slim packaging. And it was also, it's very much a nod to sustainability,
but also the fact that most people will order this online. So they're saying this is going to be a much
cheaper way to get this from our fulfillment center to your door and it's going to reduce shipping
costs because of how we package this in such a lightweight way. Yeah, because think about the current
container you have for either your pods or for the detergent. It's very heavy plastic. Now it is just
a light box. But I do love that Tide put so much effort into this. I mean, 10 years, it really is a
Manhattan project of laundry, which is crazy. Tide is, they go so hard on laundry. They identified 55
separate steps when it comes to doing your laundry. I couldn't name more than five of them.
Does that include wearing the clothes in the first place? I'm really wondering where that,
because that is a literal fact that they cite in their marketing materials is 55 steps. And I was like,
what am I doing something wrong here? Like, yes, I separate the lights from the colors, but that's one step.
The next step is put it in. Maybe it's like bending from your waist as a step. I don't know.
I got to get into that. But they do have to care about it because U.S. laundry market is $25 billion
dollar market. Any slight shift in a form factor has massive repercussions. I mean, Tide Pods is a
$2 billion annualized business for them. So they run the risk of cannibalizing some of that. Is this a
successor is going to take market share from them? But a Tide Exeter, like, honestly, we've invented a lot of
different ways to do laundry. We've gone from powder to liquid to pods, now to tiles. And people still
use all of those. It really is kind of whatever you like to use to clean your clothes. So total new
form factor, excited to put it in my mouth. I'm just kidding. I would never do that, but I'm excited
to try it because I like trying new laundry detergents as well. All right, we're going to take a
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With the Winter Olympics well into their second week, if you check the metal leaderboard
right now, you'll encounter a familiar site. Norway, a nation with the population, the size of
Minnesota, leads in total medals and golds, just as they did last Winter Olympics, and the one
before that and the one before that. Right now they have more than double the U.S.'s gold medals
with 2% of the population. The question is how, and a good answer would be do everything the
exact opposite of the United States. While the U.S. has a win at all cost mentality, Norway
prioritizes fund to such an extent that no official scorekeeping is allowed in organized sports
until age 13. While the U.S. charges hefty fees to participate in sports, Norway keeps them affordable.
Imagine a Norwegians horror if they knew the extent private equity has crept into U.S. sports.
Norway's official sports motto is joy for all. Meanwhile, U.S. private equity giants carve up
youth sports into a $40 billion.
Norway's official sports motto is joy for all. Meanwhile, U.S. private equity giants carve up
youth sports into a $40 billion business. So, Neil, as you watch, Johannes Hofslot Klobo,
when one gold medal after another and Norway's medal count continued to dwarf Americas,
realized it's not an accident, but a lot of little decisions that add up to create a winter powerhouse.
That and the fact that they have a lot of mountains and a lot of snow probably helped too.
Certainly it helps, but this was a deliberate strategy.
Back in 1984, Norwegian team went to Sarajevo, and they only just got three golds.
Four years later, they came home with no golds, and they're like, we have to do something about this.
And so they created a project called the Olympia Topin, which is an organization whose only responsibility is to recruit and train Norwegian athletes to be absolutely dirty in the Winter Olympics.
And that has absolutely paid off starting in 1994.
They had the Winter Olympics at Lily Hammer in Norway.
And they started their run basically in 1994 by pioneering this, like this big umbrella method for youth sports.
And it's just kind of crazy for the American mind, cannot comprehend the fact that they don't keep score.
until age 13. And a lot of people are probably rolling their eyes in saying, like, of course Norway
does well because they're literal, it's a mountainous country. It's one of the most mountainous countries.
People get around by skiing all the time. And yes, that is true. But also, they do really well
in the Summer Olympics, too, and warm weather sports. I mean, there's Carson Warholme, who's a 400-meter
hurdle champion. Christian Blumenfeld. He has the Iron Man Triathlon World Record. Also recently just
recorded the highest V-O-2 Max ever. There's Gustav Eden, caps are rude. He's a tennis player, Victor,
or Hovlin, a golfer, Erling Holland.
Like, Norway punches will far above its weight in terms of the size of its country.
And a lot of it does have to do with just like their approach to sports as a whole.
Back to the Olympics.
So one thing that they do is bring all their Olympic athletes together in sort of a mini
training camp a year before the Olympics where you're having, you know, the skeletoners
sitting next to the cross-country skiers, sitting next to the bad athletes, and all just
feeling like an actual team.
And that does pay dividends.
Again, some of it seems like wishy-washy, but you look at it.
at the results and you say there is something here that is happening, it is a lot of small
decisions that ladder up into a bigger result.
And one of those small decisions that I thought was very interesting is that they have a huge
used equipment market.
Now, skiing, these winter sports are very expensive, specifically the equipment.
And a lot of American families might be like, well, I want to have my kid do skiing or
snowboarding.
But when I look at the prices for lift tickets or any of this equipment that they're getting,
it's just way too expensive.
but Norway has this very robust secondary market for winter sports equipment that allows families to get them at lower prices.
And then when it comes to signing them up for leagues, it's also not expensive.
So you can see that this is a deliberate strategy and it's absolutely paying off.
And then another thing that's interesting to me is we're talking about winter sports and Norway being so good.
They are not so good at hockey, which is shocking because the two other Scandinavian countries that very much resemble Norway, Sweden and Finland are amazing at hockey.
there are 95 Swedes in the NHL this season.
There are 46 Finns, but there are only three Norwegian players in the NHL.
And you can go down a big rabbit hole, and I highly recommend it because it's very interesting.
But here's just a reflection of that.
There's just no hockey rinks in Norway.
It has 54 indoor rinks in total.
There are more ranks in 60 miles of Stockholm, Sweden, than that.
So go down the rabbit hole, figure out why Norway is not good at hockey,
even though they just kind of dominate at every single other winter sports.
Should I do my Nordic fun fact on the scoreboard?
I'll do my Nordic fun fact.
When Sweden and Denmark play each other in a team sport,
the scoreboard bug on screen reads SWE versus DEN,
which spells Sweden.
And then the remaining letters left over from that are Den and Mark.
It is very stupid, but if they ever play each other in hockey or soccer,
you can bring that fun fact up.
Okay, let's bring to the finish with some final headlines.
Stephen Colbert just dropped the gloves in a spat with his employer,
CBS and FCC Chair Brendan Carr, accusing them of censoring an interview on his late-night show.
For Monday night's episode, Colbert was set to talk with James Telerico, a Democrat running in a
primary for the Texas Senate seat. But Colbert said that CBS lawyers told him, quote, in no uncertain
terms, that the network could not air the interview because of increased FCC scrutiny of a rule
that requires equal airtime for political candidates on local broadcast networks. In a six-minute
diatribe, Colbert called out Carr and CBS, which he said had instructed him not to talk
about the political pressure to scrap the interview.
Colbert began, because my network clearly doesn't want us to talk about this, let's talk about
this. CBS disputed the version of events saying it hadn't banned the interview from airing,
but warned that the equal time rule would be triggered if it did air.
CBS said it offered the show different options for keeping in line with the rule.
What ended up happening is Colbert put the interview with Talleyico on YouTube,
where it's racked up far more views than it would have gotten otherwise.
Yeah, viewers do have a choice in today's day and age if they don't want to watch it,
can't watch it on broadcast airwaves, they can go to YouTube, and it has done extremely well.
It's totally a stricent effect situation where more people and more attention have been drawn
to this interview now than maybe if it had just originally aired. It has more than 1.7 million
views on YouTube as of early yesterday afternoon. That is a lot, especially when you compare it
to an interview from the same show with Jennifer Gardner that has just under 100,000 views.
So no shade to Jennifer Gardner, but you see how much.
what's more significant intention on this political interview was because of this spat.
Moving on, Palantir wants a Palantan.
The company is moving its HQ to Miami, Florida,
as it too has been caught up in the Florida heat waves sweeping across corporate America.
Palantir started life in Palo Alto, California,
but outspoken CEO Alex Carp has railed against the culture of Silicon Valley,
saying back in 2020,
we seem to share fewer and fewer of the technology sector's values and commitments.
That preceded a move to Denver for a while before yesterday's announcement signaled it would follow the likes of Citadel down south.
Neil, we've spoken about billionaires looking for some sand between their toes with Mark Zuckerberg recently purchasing a house in Miami,
a migration accelerated by a proposed wealth tax in California.
But companies have been a little slower on the uptake.
Maybe Palantir will kick off a new wave.
Yeah, Citadel came in 2022.
Then you had Apple and Amazon expanding their offices.
Service now is opening a little bit.
an office in West Palm Beach. So we did have this discussion last week about whether this was just
billionaires going to Miami to escape higher tax rates or whether we would see actually more
companies move there and opening up headquarters. It still remains to be seen whether Palantir is
just establishing a token headquarters in Miami. Are they going to actually move their entire
office down there? And we still don't know that particular detail. But it is significant because
just as recently as a few years ago, Alex Carp, the CEO said, Colorado is a very sane and pleasant
He'll probably still have a house there because I think he loves to cross-country ski, but
he did, it is a significant move to down south.
I was at dinner with some people from the tech world yesterday, and that was the main topic
of conversation, is what Alex Carp is a huge cross-country skier.
Like, that is a massive part of his identity.
And yet here you are going to Florida.
It just doesn't seem right.
So maybe he'll get the ones with little wheels on it and just do it on, you know, the Miami
highways.
All right.
Finally, America's long running debate over chicken wings is finally being put to rest.
boneless wings can in fact be called wings.
Yesterday, a district court judge dismissed a complaint from a man who sued Buffalo Wild Wings
over deceptive marketing.
Back in 2023, this guy ordered boneless wings from a Buffalo Wild Wings and said
he was shocked to find out they were not chicken wings that had been deboned, but instead
just white meat nuggets cooked in the style of a chicken wing.
Buffalo Wild Wings said, get over yourself.
By using context clues, you can figure out pretty easily that our boneless wings are not
deboned wing meat, much in the same way that everyone understands.
wings are not made out of wing meat.
Despite the case's gravely serious nature, the judge had a lot of fun with this ruling,
saying the complaint has, quote, no meat on its bones, and the accuser did not drum up
enough factual allegations to state a claim.
Okay, I generally side with this judge, especially the cauliflower argument, but there have
been inconsistent rulings on this back in the summer of 2024, the Ohio Street Supreme
Court ruled that a man who ordered boneless wings should have expected the possibility of
bones and they actually denied him a jury trial after he swallowed a bone fragment and medically
hurt himself. So those are two opposite rulings from two different states. So it is time to send
this wing debate to the Supreme Court and things should be juicy. That is all the time we have.
Thanks so much for starting your morning with us and have a wonderful Wednesday. If you want to get
in touch, send an email to Morning Brew Daily at Morningbrew.com or DM us on Instagram at
Mbby Daily Show. Let's roll the credits. Emily Milliron is our executive producer.
Raymond Lute is our producer.
Our associate producers are Olivia Graham and Olivia Lake.
Hair and makeup is training in Norway.
Devin Emery is our president and our show
is a production of Morning Brew.
Great show, Daniel. Let's run it back tomorrow.
