7 Strategies for retaining multi-gen employees
It’s deceptively simple, but practices emphasizing flexibility, respect, adaptability, and communication are the key to success. As most leaders know (though I’ve met my share who don’t agree), a one-size-fits-all strategy simply doesn’t work with...
RE shake up
The National Association of Realtors’ landmark settlement is changing the way homes are bought and sold. Now, another industry dispute threatens to shake up how homes are listed for sale. A rule implemented in 2020...
Amazon gets FAA approval for new delivery drone in Arizona
Amazon said in October it received regulatory approval to begin flying a smaller, quieter version of its delivery drone, the latest step in its long-running efforts to get the futuristic program off the ground. The...
Sign of the times: Squatters insurance
Landlord insurance typically doesn’t cover costs accrued in a squatter situation. Property insurance, which offers short-term rental insurance, created a unique type of coverage coming out of the COVID pandemic, that is specifically designated...
The average age of U.S. homebuyers jumps to 56
The average age of homebuyers in the U.S. has risen by six years since July 2023—another sign that younger Americans are being priced out of the market due to escalating ownership costs. The average age...
Digital ecosystems for modern apartment communities
A key component of having economically sustainable digital infrastructure in apartment buildings is investing in wiring, according to Dan Myers, the president and founder of Dojo Network. Myers shared his thoughts along with a panel...
The U.S. does not have a housing shortage
The word “shortage” has a very specific meaning. It refers to the inability to purchase a good at the current market price (or at any price). Rent control, which restricts the legal price of...
Men over 70 flooding back into the workforce
The headline figure of 12,000 jobs from the latest labor-market report is getting all the attention—but as usual, the much more interesting stuff is buried in the fine print. In this case it’s about the...
Why corporate America is retreating from social activism
In January, Axios reported a developing trend in corporate America: corporations across the United States were backing away from DEI, which had become a “minefield” for companies. Following a multi-year boom in the Diversity, Equity,...
Costco life
Costco has jumped into the nation’s affordable housing crisis. The warehouse retailer, which operates more than 500 stores across the U.S., broke ground on a different type of superstore in September—one that will include...
Paying the fox to watch the chickens: The war on private housing
Despite the rise in homelessness, the federal government continues to raise the barrier to creating shelter for those without permanent housing. Infusing bad actors with HUD money is another layer. In September the Biden admin....
America’s spending problem
This will slim you down six ways from Sunday. The problem with socialism is that you eventually run out of other peoples’ money. —Margaret Thatcher $2.4 billion—federal losses under specially-created accounting rules by the federal government Creating...
INFOGRAPHIC: A luxury vibe
High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy? National Class A rents average $660 to $2,000 below the average monthly mortgage Hospitality-focused apartments Class...
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...
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...