Friday, April 26, 2024

November December 2023

Slightly rising apartment rents will not be enough to help developers begin new projects, experts say. Interest rates will still be too high.

Survive to 2025

High interest rates will still burden apartment investors struggling to make deals in 2024. Others will struggle simply to hold onto their properties. Going into...
John Griffiths (Bill Murray) holds Punxsutawney Phil, the weather prognosticating groundhog, in Punxsutawney, Pennsylvania. (Gene J. Puskar / Associated Press)

What just happened?

It could be said that 2023 was a year of breaking records, rules and reality. Weather. Girl’s sports. Rates of addiction and depression. National...

INFOGRAPHIC: 2024 Tax brackets are out

The IRS released new federal income tax brackets in November. Though marginal tax rates did not change, federal law requires brackets be adjusted for...

INFOGRAPHIC: U.S. economy: mood or metrics?

As 2023 draws to a close, inflation risks remains—specifically housing, services and energy. It’s these data points keeping misery real. Does this signal recession...

INFOGRAPHIC: An inside job: the invisible tax on renters

Called the “invisible tax” because it allows government agencies to print money, soaring inflation has crippled renter household budgets for years. The rate of...

INFOGRAPHIC: Rummage sale: appliances, clothing, federally-funded apartment loans and more

Signature Bank—the third largest bank failure in history—was seized by the FDIC earlier this year in March. The auction of the $33 billion in...

IRS change will push some entrepreneurs into corporate desk jobs

As the end of the year approaches, the IRS has announced its new late repayment penalty rate. The rate has climbed from around 3...

2023 National population projections are out

The U.S. population is projected to reach a high of nearly 370 million in 2080 before edging downward to 366 million in 2100. By 2100,...

Apartment rents remain flat, perhaps for a while

Apartment rent growth has been rapidly cooling off since peaking in March 2022. But that trend could be leveling off—at least for now. Effective asking...

2023 OPTECH retrospective

The OPTECH 2023 conference and expo in November attracted attendees from all corners of the multifamily space. It was the largest in the conference’s...

3 Ways to maximize NOI in multifamily housing

With mortgage interest rates on the verge of 8 percent—a 23-year high—and a looming recession on the horizon, home purchasing power is down and...

Unconventional smart technology solutions for property managers

Smart lockboxes, work-from-home tech, and environmental sensors are revolutionizing the way property managers handle their day-to-day operations, while also bringing best service to potential...

The rise of the forever renters

Sustained high interest rates in the U.S. have made mortgages unpalatable to many, though the Federal Reserve recently signaled an end to more rate...

Supreme Court preview for January 2024: Chevron Deference breathes its last?

In one of the biggest cases of the current term, the Supreme Court’s calendar for January 2024 features arguments about the limit of federal...

Workplace 2024

Many economists entered 2023 with an impending sense of doom: Recession felt inevitable amid sharply rising interest rates and accelerating layoffs. Despite moments when...

What will become of cities?

Everyone was supposed to be back at the office by now. It’s not really happening, how-ever, and this has huge implications for the future...

Large apartment complexes account for 28 percent of California rental market

Large apartment complexes house about a quarter of renters across California, with the bulk of the state’s tenants living in small buildings owned by...

Signals may point to increased transaction volume ahead

Multifamily investors may have something to look forward to next year according to recent signals from FHFA, the Federal Reserve, and Freddie Mac. After...

Switching off from work has never been harder, or more necessary

In the hit dystopian TV series Severance, employees at biotech corporation Lumon Industries find it easy to separate work and home life. A computer...

Your brain on the holidays

Just as the shift to shorter days and colder weather can bring with it mood swings and other emotional challenges, the holiday season can...

Americans turn to more financing as savings run dry

An increasing number of Americans—many of whom are renters—are turning to buy now and pay later (BNPL) services like layaway as they continue to...

One year after winter storm Elliot, our grid problem remains dire

Last year, on the morning before Christmas, just as much of the country was preparing food for a holiday dinner that night or preparing...

Mission critical: Expanding U.S. electric grid capacity

When there are existential threats to the freedoms the U.S. enjoys, Americans have proven they can mobilize to address them. At the start of...
big data and machine learning can improve performance

Choppy waters ahead. Big data can be the compass

“In bear markets, stocks return to their rightful owners,” said J.P. Morgan. What Morgan was getting at is that generating strong returns during a...

The tyranny of the Phillips Curve

Repeat after me, class: Growth does not cause inflation. Write it on the blackboard 100 times. For decades, the economics profession has been trying to...

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