Apartment REITs: Roaring rents
Hoya Capital Real Estate is an SEC-Registered Investment Advisor based in Rowayton, Conn. Within the Hoya Capital Apartment REIT Index, we track the eleven largest apartment REITs, which account for roughly $130 billion in market...
Most college graduates move in with parents
With apartment rents continuing to rise, Generation Z members are more likely to move back home than to their own apartment. More than half (54 percent) of young people about to graduate from college plan...
Opportunity zones might be getting less investment, not more
The Opportunity Zone program has faced criticism for benefiting wealthy investors who are planning projects in neighborhoods not considered distressed, and will instead provide a large return on investment. In Baltimore, officials there were found...
This tax credit wasn’t meant to help with housing, but that’s exactly what it’s...
As rents rise and wages stagnate, many families struggle to find affordable housing in the U.S. This is especially true for low-income households who often spend more than half their income on rent. The U.S. has...
The crystal ball of data
In the opening scenes of The Wizard of Oz, Dorothy runs away from her Kansas home and promptly encounters Professor Marvel, a seedy, itinerant con artist whose tacky traveling wagon advertises him as “Acclaimed...
FCC blocks part of San Francisco’s first-in-nation broadband law
The Federal Communications Commission voted to preempt part of a San Francisco city law that prevents property owners from denying internet service providers access to existing wiring within multiunit buildings. The provision of the San...
New York City’s rent control laws erase property rights and worsen housing supply
Owning property means more than having your name on a deed. Lawyers and judges often refer to property ownership as a “bundle of rights,” because with ownership comes more than just the mere right...
Rent control laws seize New York apartments
Last ditch attempts by real estate developers to thwart final approval of rent control legislation was just too late, reported the New York Times. “There was some arrogance on the part of the real estate...
That which makes life worth living
The above words are those of T.S. Eliot. He’s not referring to wealth, liberty or even experience. What makes life worth living in the mind of T.S. Eliot and other great thinkers, is culture....
Ben Carson takes aim at red tape blamed for soaring housing costs
“Our country is facing serious housing affordability challenges,” Carson said. “Too many families can’t afford a home mortgage, and too many Americans face high rent prices. We must do more to increase supply and...
Airbnb loses huge battle
The ruling by a three-judge panel of the Ninth Circuit is a setback for the home-sharing platforms in their effort to avoid regulation by cities that blame the rapid proliferation of short-term rentals for...
When the national population leads, the local population disappears
Not counting the District of Columbia with a population density of 11,535 people per square mile (p/mi2) while the smallest area in the country, the densest state by population is New Jersey with a...
The rights glut
I was asked recently whether I thought same-sex parents had the “right” to adopt. I said that I didn’t think anyone had a “right” to adopt. We decide who should adopt on the basis of...
Regulating big tech: Is a day of reckoning coming?
The Justice Department is said to be planning an antitrust investigation into Google. Recently, the House Judiciary Committee launched its own antitrust probe. Last year, the Federal Trade Commission announced a probe into Facebook’s...
The one issue every economist can agree is bad: Rent control
But there are a few questions where there’s near unanimity, and rent control is one of them. Pretty much every economist agrees that rent controls are bad. And in the last decades of the...
