Sunday, March 30, 2025

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Apartmentalize roundup: Maintenance as cost saver, operations help close deals
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Apartmentalize roundup: Maintenance as cost saver, operations help close deals

Persistently high interest rates are restricting the ability of businesses to borrow money to invest in real estate construction.
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Building permits for apartments declined nearly 30 percent since pandemic

The simple answer is that the labor market is rather anemic, and people are being honest about their feelings about the economy.
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Labor Department quietly cuts employment growth in half

The median household net worth of older millennials, born in the 1980s, rose to $130,000 in 2022 from $60,000 in 2019, according to inflation-adjusted data from the Federal Reserve Bank of St. Louis. Median wealth more than quadrupled to $41,000 for Americans born in the 1990s, which includes the generation’s youngest members, born in 1996.
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Millennials rising

Despite inflation cooling to the lowest level in more than three years in July, there’s no way around the fact that consumer prices in the United States have risen sharply over the past three years, as several factors came together to form a perfect storm of inflationary pressures.
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Categories hit hardest by inflation

bootstrap: Pulling oneself up by the bootstraps is the idea that a person can succeed “without help from others and as a result of one’s own hard work.” Ironically, this metaphor is widely used to represent the American dream of social and economic mobility through self-reliance. When first coined it described an absurd, impossible feat. How did bootstrap-pulling go from a ridiculous idea to an American ideal? Bootstraps are a loop attached to the back of a boot to help the wearer pull it on. The idiom dates back to 1834 when Mr. Murphee satirically described being “enabled to hand himself over a barn yard fence by the straps of his boots.” It appears throughout the 19th century, often in the company of other metaphors for ludicrous impossibilities such as “sitting in a wheelbarrow and trying to wheel yourself” and “getting rich by taking money from one pocket and putting it in another.”
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Has capitalism come at the expense of the poor?

The council just approved a ban on websites that offer data about local rental markets and help landlords set their rents. The council blames these tools for exploding housing costs.
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San Francisco city council targets free speech to cover up its...

If this debate eventually does come to a boil, the Supreme Court may need to further clarify its position on Skidmore jurisprudence. But for now, appellate litigators would be wise to steer clear of deference-based argumentation.
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New game post-Chevron

According to a 2021 study by the University of California, Los Angeles and U.C. Berkeley, over one-third of public school employees are “rent-burdened,” meaning housing costs consume more than 30 percent of their income. The issue is particularly severe for food service workers, more than half of whom are affected.
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California to turn unused school land into millions of housing units

Absorption rates have notably risen from 118,000 units in the first quarter to 166,000 in the second, fostering optimism among industry experts about a potential shift from decelerating fundamentals to a growth phase.
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Market set for recovery

Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes?
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The housing theory of childless cat ladies

Insider fraud in this game could negatively affect investment funds, pension accounts, 401Ks, employee livelihoods, access to capital and even personal safety for residents.
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Insider fraud in multifamily leasing: Is it happening under your nose?

Stricter land-use regulations force builders to spread their efforts over a large number of relatively small projects, limiting the number of homes they’re able to build. This, in turn, limits their ability to invest in better homebuilding technology or otherwise take advantage of economies of scale.
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Is land-use regulation holding back construction productivity?

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“Sitting empty:” Vast expanse of federal land eyed for new housing

The sticky combination of heat and high humidity
apartment occupancy

The sticky combination of heat and high humidity

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