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When no one retires

Before our eyes, the world is undergoing a massive demographic transformation. In many countries, the population is getting old. Very old. Globally, the number of people age 60 and over is projected to double...

The life of a bug

In the old-school novella, The Metamorphosis by Franz Kafka (1915), the main character, Gregor, does just that. It's not so much that he bizarrely transforms from salesman to giant bug in the first paragraph of...

Bullish to balanced

Demand for apartments still outpaces supply, vacancies are at their lowest point in years, rents continue to rise faster than inflation and apartments remain the investor-favored property type in today's low-interest-rate environment, all leading...

A reasonable proposal

Much has been made of the recent proposal by the President’s Advisory Panel on Federal Tax Reform to modify the current, virtually unlimited mortgage interest deductions available to homeowners. The NAHB, The National Association...

Tech wars

Commercial and multifamily real estate firms, once laggards in the tech field, are catching on and up with rapid adoption, even as the field of emerging leaders in the provider space narrows through a...

Be Inspired

I know that our cover story, Newark Mayor Cory Booker was never a Girl Scout... but then again, what do I know? At Oxford, after wandering into a meeting of LaChaim, a Jewish student...

You have more power than you know

I heard Bill Clinton at the National Apartment Association convention in Denver last month. He's certainly one of the most charming, well-spoken, articulate ex-presidents since, well, Ronald Reagan. I was, however, distracted by the audience....

Making Disparate Impact deliver fairness

HUD’s proposed revisions to our disparate-impact rule enhance our commitment to fairness for everyone. Everyone agrees that discrimination has no place in society. But everyone also agrees that a city should be able to require...

The push for rent control

In November 2018, election ballots in California might include a question on rent control. Right now, California law restricts the spread of rent regulations on housing built after 1995, in addition to many older...

The enduring strength of truth

Webster defines it as “the property of being in accord with fact or reality.” Truth is a beautiful, most reliable thing. The truth of Christmas and the holidays is sometimes muffled by the hustle and...

Time-of-use rates sparks new debate about customer and grid impacts

Momentum is slowly building behind new rate designs that focus on customer costs and meeting system needs, but some say it’s too slow. Pilot programs have shown smartly designed residential time-of-use (TOU) and other time...

Research: When Airbnb listings in a city increase, so do rent prices

But what does the company’s growth and popularity mean for the cities and municipalities it operates in? According to Airbnb, it brings more money to these cities, in the form of both rental fees...

New HUD secretary is a multihousing guy

Since 2004, Commissioner Donovan has headed New York's Department of Housing Preservation and Development. During the Clinton Administration he served as Under Secretary of HUD for Multifamily Housing and also served as the Acting...

Great leaders bring stability

Many business leaders face extreme challenges during their career, but the coronavirus pandemic is uncharted waters for all. Most offices and stores are closed across the U.S. to combat the spread of COVID-19. Companies still...

Investor’s latest sweetheart: workforce housing

There is expected demand for an additional 4.5 million new apartments in the U.S. by 2030, according to data from the Workforce Housing Committee of the National Multifamily Housing Council, Washington. What’s more, deal activity...
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