Wednesday, April 9, 2025

Demographics

High supply apartment markets ride demand wave

More than 558,000 apartment units have delivered over the past 12 months, hitting what RealPage Analytics calls a 50-year supply peak. But booming demand for rental housing has been a bright spot...
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 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...
High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy?

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...
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....

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...

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...

Our cities are zoned out

Urban zoning is an issue on which the left and the right often find common ground: they don’t like it. The left often because they want the freedom to build multifamily and affordable housing...

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...

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...

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...
Corporate retreat

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,...

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....

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...
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