The hidden tax moves in on residents
Proponents of big government spending have desperately argued that mounting price inflation is just temporary. But multiple alarming inflation metrics came out for April and May, and examples of rising prices are clear to...
Blackstone buys SFR portfolio
Wall Street asset management giant Blackstone Group announced it is buying a firm with a portfolio of 17,000 single-family rental homes in a $6 billion deal that bets big on the red-hot U.S. housing...
Managing risk
Recent news around the struggles facing multifamily real estate owners centers on rent moratoriums, which were extended. These are proving to be a significant risk to the industry even with rental assistance. However, there’s another...
Rents rise with demand
Federal government stimulus payments and expanding payrolls are boosting savings, enabling building managers to lift rent prices on apartments and houses nationwide. A record-low inventory of homes for sale also leaves more people renting. Median...
The hunt for apartment money
Real estate investing can be a long-view thing for many investors, whether putting money directly into a project or property or in the stock market through, for example, real estate investment trusts (REITs). With that...
What CRE looks like after a pandemic
The light at the end of the tunnel may be in sight for the U.S. economy. As JPMorgan Chase Chairman and CEO Jamie Dimon detailed in his recent letter to shareholders, the economy could be...
Midwest economy good to multifamily
Focus on the Midwest Amid a global pandemic and its economic repercussions, the American Midwest has remained a place of comparative stability—and opportunity. Wide-open spaces and lower costs of living attract businesses and workers alike. Warehouses,...
Impact investing in renters
Bobby Turner, founder and CEO of Turner Impact Capital and Wharton grad, wants to boost pride in rentership. He believes that building neighborhoods that offer a sense of community pride for renters is an...
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...
Property rights versus labor unions in the Supreme Court
As the Supreme Court’s recent Obamacare case illustrates, the justices no longer enforce most of the Constitution’s limits on the federal government. But a new property rights decision demonstrates how they are super-enforcing the...
Fighting the CDC eviction ban
In the midst of the COVID pandemic, the Centers for Disease Control (CDC) took the unprecedented step of banning evictions nation-wide, characterizing the action as a public health measure. The action spawned lawsuits across the...
Facts don’t care
I was raised in a multi-generational family business. There I learned classic principles of market economics long before I learned what it was called. It was a great Midwestern foundation because certain universal principles...
How Californians have weaponized environmental law
By any reasonable metric, the empty lot on the corner of First and Lorena Street in the Boyle Heights neighborhood of Los Angeles is a natural place to build housing. With a bus stop...
Builders gonna build
The global pandemic didn’t stop developers from planning new apartments projects—often in smaller, quickly growing metro areas. The boom in apartment construction that began around 2015 barely slowed down in 2020, despite a global...
Biden reinstitutes Obama policies
Long before coronavirus and lockdowns, millions of U.S. households suffered from a shortage of housing that pushed rents higher and outpaced wage growth. Now the U.S. is beginning to recover from the pandemic and ensuing...