Wednesday, February 28, 2024

Article

Publisher’s note: The mystery of beauty

A neighbor forwarded me a video titled “Germany from Above.” To the built environment enthusiast, the video delivered a steady stream of breathtaking architecture and craftsmanship through time... with a stark and somber visual...
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...

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...
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...
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...
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,...

The bottom line on revenue management

Two automated price optimization systems -- Revolution LRO and M/PF YieldStar -- lead the pack. Other such systems are being used exclusively or are under development. All were created through cooperation between large apartment...

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...
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...
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)...

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...
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...
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...
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...
Yield PRO