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...
Market set for recovery
The multifamily housing market is showing promising signs of recovery, with recent data from CoStar Group revealing a significant increase in demand and stabilization of vacancy rates.
Absorption rates have notably risen from 118,000 units...
Preserving affordable housing in the Trump era
The United States is experiencing a rental housing crisis. There is a shortage of affordable housing, and many renters struggle to pay rent. Making matters worse, thousands of the nation’s affordable housing units are...
Rising credit card debt signals challenges ahead for multifamily
Increasing household debt and delinquencies signals challenges ahead for multifamily owners, operators, and renters. Rising credit card debt and high credit-card interest rates make it difficult for renters to make ends meet,...
Bad loans will cost taxpayers $65.2B in 2025
GAAP stands for “generally accepted accounting principles,” and are a set of rules/standards for preparing and reporting financial statements in the U.S. (unless you’re a federal agency).
RULES = U.S. private businesses + Federal agencies
Federal agencies set...
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...
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...
Economics and the hidden order
The “real world” is calling. But the real world is a real mess. So how do we clean up the mess? That’s a massive task: too big for any one person. This looks like...
Opportunity Zones: A path forward
Opportunity Zones (OZs) have emerged as a significant tool in driving investment into underdeveloped areas, offering a compelling case for their continuation and expansion. Since their inception in 2017, OZs have attracted nearly $100...
Multifamily core and value-add metrics outperform expectations
Much news about multifamily has been about the difficulties in the asset class. A new report from CBRE Research raises an interesting comparison to the office segment—a differentiation in performance by property subclass.
CBRE said...
U.S. energy exports soar 50 years post-1973 oil embargo
It’s been just over 50 years since the 1973 Oil Embargo disrupted the nation’s energy supplies, sending energy prices soaring and creating long lines at gas pumps as drivers sought increasingly scarce gasoline.
In the...
Results matter
Snapshots and soundbites are used to describe politics. Makes sense. The subconscious mind constantly scans the landscape for the most important thing: The path to prosperity, stability and opportunity. And of course, a single...
Run like an apartment developer
Tariffs and trade-offs
Critics warn that tariffs will lead to inflation. However, a Congressional Budget Office (CBO) analysis found that tariffs would also slash deficits by as much as $2.9 trillion over the next decade—with...
Categories hit hardest by inflation
Despite inflation cooling to the lowest level in more than three years in July, there’s no way around the fact that consumer prices in the United States have risen sharply over the past three...
