Monday, December 30, 2024

Demographics

Often considered the slowest growing region in the U.S., the Midwest has recently shown surprising improvements, both in the performance of its multifamily markets and in the resilience of the region’s economy. The outperformance comes amid a volatile economic backdrop—the Midwest’s relative stability is one of the region’s defining features and highlights its importance in any multifamily portfolio.

New metrics make Midwest investment attractive

  Recently, the Midwest has shown surprising growth and economic resilience, making this region an attractive candidate for multifamily development, investment and general interest. Often considered the slowest growing region in the U.S., the Midwest has...
The simple answer is that the labor market is rather anemic, and people are being honest about their feelings about the economy.

Labor Department quietly cuts employment growth in half

The labor market increasingly resembles the imposing visage of the Wizard of Oz, with disappointment behind the curtain. Just look at the latest job numbers. Recent data indicate the economy added about half as many...
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.

Millennials rising

Millennials are now wealthier than previous generations were at their age. They can’t believe it either. The median household net worth of older millennials, born in the 1980s, rose to $130,000 in 2022 from $60,000...
Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes?

The housing theory of childless cat ladies

Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes? Housing Boom = Baby Bust? America’s low birth rate is in the news again, thanks largely to Vice Presidential candidate Sen. J.D....
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