Monday, March 18, 2024

Article

can local jurisdictions charge excessive impact fees for building permits for new housing

INFOGRAPHIC: Can governments use building permits to extort property owners?

The Supreme Court will hear a landmark property-rights case (Sheetz v. County of El Dorado) with major economic implications. When a decision will be made is unclear; Chevron was originally ruled on June 25,...

INFOGRAPHIC: Independent contractors targeted

A new Biden administration rule goes into effect March 11, imposing stricter measures to determine whether companies can classify their workers as independent contractors. The new regulation could affect millions of workers. 443,000 total overstatement...
fiscal excess

INFOGRAPHIC: The era of fiscal excess

The era of fiscal excess, BofA Michael Hartness’s description of today’s government spending The national debt doesn’t impact Americans in the present, right? It’s a tomorrow problem. Persistent inflation, dollar devaluation and rising rents from dollar...
LIHTC expanded as part of Tax Relief for American Families and Workers Act of 2024

INFOGRAPHIC: More LIHTC

A bipartisan tax deal sets a path for more affordable rental units. Part of the broader Tax Relief for American Families and Workers Act of 2024, the proposal boosts low-income housing tax credits (LIHTC)...
unsheltered homeless people camping in Oakland Ca

Supreme Court will hear case on unsheltered homeless

40% of homeless population are unsheltered 40% of homeless are black 30% of homeless are chronically homeless 60% of homeless are male 26% of homeless are seriously mentally ill The Supreme Court will consider whether local laws prohibiting homeless...

BTR housing outlook

American homebuyers—thwarted in their efforts by high prices, high mortgage rates, and low inventory—are asking the same housing questions at the beginning of 2024 that they were in 2023: When are home prices going...
Placemaking has also transformed the developer’s primary job. Rather than focusing simply on executing the physical construction of a property, through the concept of placemaking, developers become visionaries. They create spaces where people can live, work and thrive.

Placemaking key to a successful mixed-use development

Mixed-use real estate is quickly becoming one of the most popular asset classes. The property type is transforming urban landscapes and providing people with easy access to restaurants, retail, recreation, and more. Mixed-use properties...
Playing the come line. Underlying asset bubbles is an investor psychology based on expectations, encouraged by Fed actions over the last thirty-five years

Negative leverage: The Fed’s gift to apartment investors

The Federal Reserve’s inflation of the money supply and interest rate manipulation distort capital markets through, among other things, the creation of asset bubbles. As the cost of borrowing decreases and cheap money floods...
Building more is the only way out of America’s housing crisis. Rent control and other government restrictions are just going to make the affordability problems in the U.S. all the worse.

Resurrecting the failed policy of rent control

It certainly isn’t common to find much agreement between the various authors at the Mises Institute and our favorite metaphorical punching bag: Paul Krugman. But when it comes to the recently resurrected policy corpse...

Biden Administration finds a way to keep forgiving student loans

The Biden Administration is set to enact another suite of student loan forgiveness, aimed at borrowers who have consistently made loan payments and currently have balances below $12,000. In January Education Department Secretary Miguel Cardona...
About a third (31 percent) of renters, say that one of the biggest benefits of renting an apartment are the community’s “lifestyle and amenities,” according to the NMHC/Grace Hill 2024 Renter Preferences Survey. That’s up from 27 percent in 2022.

Events may reduce turnover

Some luxury apartment managers believe residents are less likely to move-out if they know their neighbors… and every move out costs thousands of dollars. At 1 Martine, a luxury apartment building in downtown White Plains,...

Driving long-term value

During challenging economic times, multifamily owners and operators often seek out helpful ways to address operational inefficiencies, boost cash flow, and preserve capital. In today’s uncertain financial environment, strategic operational analysis and adjustments can help...
California architecture studio AO and Matteson Capital announced that they plan to request a variance from Oklahoma City to increase the height of the supertall skyscraper from its original proposed 1,750 feet to 1,907 feet. (PHOTOS: AO ARCHITECTS)

Empire OK building

If one developer has their way, it won’t be New York or California that has the highest skyscraper in America but Oklahoma City. Matteson Capital has been planning out a complex called the Boardwalk at...
The construction of affordable residential apartments.

THE CLOSER: New solutions to old problems: creating efficient and effective affordable housing...

It’s no secret that there is a nationwide housing crisis. According to the National Low Income Housing Council, “there is a shortage of more than 7 million affordable homes for our nation’s 10.8 million...
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 2024, thousands of apartment investors are in serious trouble. Many...
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