Navigating multifamily risk
A new report from Yardi Matrix has highlighted rent growth and high supply amid low sales and price declines.
Real estate is a lot like the weather: A momentary appearance of sunshine usually hides a...
Getting creative on value-add deals
While investors remain bullish on value-add multifamily properties, people making such a financial commitment have at the same time been forced to readjust their sights (not to mention their expectations) in recent years, in...
The value of a road
A growing movement of local governments and communities across the United States is beginning to grapple with an unfortunate realization: The highway boom of the 1950s and ‘60s produced a massive amount of infrastructure...
Keeping politics away from investments
President Joe Biden’s Labor Department recently announced a new rule that will permit money managers to play politics with trillions of dollars of people’s retirement savings.
The administration is pushing environmental, social, and governance investing,...
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...
Housing laws for service animals and emotional support animals
What is a service animal?
Not a pet. Service animals are considered a type of medical equipment, rather than a pet.
Service animals are animals (usually dogs) that perform certain tasks for a person with a...
What does it mean to be a manager today?
A year into the pandemic, the implications of how COVID-19 has changed how people will work from now on are becoming clear. Many employees will be working in a hybrid world with more choices...
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 for the next day as they welcomed family and guests...
Nation in lockdown
I live in California, whose governor, Gavin Newsom, in March issued Executive Order N-33-20. The order requires Californians to shelter at home unless they are involved in any of 16 different infrastructure sectors—or seeking...
“Desire paths” and the problem with central planning
I recently attended the Austrian Economics Research Conference, which is held annually at the Mises Institute on the campus of Auburn University.
After an inspiring day of presentations, I began my trek back to the...
Small answers big problems
The Biden administration is taking steps to address a severe housing shortage in the U.S. by creating and selling 100,000 affordable homes over the next three years using existing funds, the White House said...
U.S. household wealth sees second-fastest decline since 1959
Household wealth in the United States fell by its second-fastest pace in history in the first three quarters of the year, but was buoyed by a positive performance in real estate, according to a...
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 courts recently.
Nearly all of them are on hold, and...
Urban recovery predicted to take longer this time
While it is clear that the multifamily sector has generally bounced back from the pandemic, a new report from Fitch Ratings indicates that a full recovery in urban areas to 2019 levels could take...
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 drain their savings and interest rates on credit cards grow,...
