Digital evolution 2.0
The global response to the coronavirus disrupted economies worldwide, destroyed livelihoods and many small companies, and negatively impacted larger ones. It also compelled new...
Birth of a builder
Christmas makes me think of builders. It celebrates, among other supernatural events, the birth of a carpenter who apprenticed in the family business. Once...
Infographic: Property rights deconstruction
Rent control appears to be the most efficient technique presently known to destroy a city—except for bombing. (Swedish economist and socialist Assar Lindbeck)
St. Paul,...
Infographic: Inflation, the cruelest tax
Inflation: decline of a currency’s purchasing power. Derived using the change in the consumer price index (CPI), created 1919. Changes in CPI determine inflation...
Infographic: The incredible shrinking American workforce
While COVID created a shared world experience across generations, reactions to the pandemic roiled the jobs market. One example: Millions of people left the...
Apartment boom boosts adaptive re-use
New renters are signing leases and moving into 109 luxury apartments at The Arden, an old office building that re-opened as a new multifamily...
Trends likely to sustain BFR sector growth
Institutional investors have been increasingly interested in the build-for-rent (BFR) space over the last five years. But the pandemic poured gasoline on an asset...
Best cities for multifamily, 2022
National multifamily occupancy rates are at record levels, with markets across the country seeing a strong increase in rents. According to RealPage, nationwide effective...
PropTech—cutting-edge tools and technologies
In an age of digital transformation where technology is being applied to every area in every industry across the globe, it’s no surprise that...
Three benefits that could come from the Metaverse
Facebook CEO Mark Zuckerberg recently announced the long anticipated new branding of the Facebook umbrella corporation, which includes Instagram, Facebook, Messenger, WhatsApp, and Quest....
Newest multifamily amenity: Community
If you asked someone searching for an apartment what they are looking for, they would likely tell you about things like upgraded appliances, easy...
Work from home expected to explode again in 2023
The number of remote jobs is growing, and 25 percent of professional, high-paying jobs will be remote by the end of 2022, according to...
Economy continues to hit Americans in the wallet
Each month economists attempt to gauge how average Americans are weathering the ups and downs of the U.S. economy. By using the simple yet...
China real estate crisis could mean trouble for U.S. markets
As China’s real estate crisis continues to grow, the impact on U.S. real estate is starting to take shape. Much of the impact appears...
Apartment markets attract new renters
Remote work continues to dominate renter migration patterns, according to data released by Apartment List—particularly in tech-hub markets such as San Jose, Raleigh, and...
Multifamily trends prediction for 2022
Apartments are where home sweet home is for more and more Americans: in the last decade, the multifamily market has experienced hypergrowth. Even during...
Can supply chain disruptions get any worse? Buckle in.
In my recent article on the Biden administration’s many-pronged assault on economic freedom, I pointed out that comparisons of President Biden with former president...
More than a number
They say age is just a number, and that it’s really about how you feel. Okay, that may be true—but then again, there is...
RE sets records
The housing industry is looking back on how the coronavirus pandemic reshaped it, and at least 10 records were added to the books, including...
Multifamily private activity bond issuance reaches record
Before the onset of the pandemic, the percentage of tax-exempt private activity bonds (PABs) used for multifamily housing had been largely trending upward. The...
Will employers fall in line?
It’s no secret that President Joe Biden’s various vaccination mandates (except for the one covering the military) have been having a tough slog in...
The urgency of protecting the electric grid from cyberattacks
Multifamily owners and operators are the single largest dispenser of utilities in the nation. An electric grid failure would be catastrophic for operations and...