NAHB: reduced rent control means more housing
A recently completed study from NAHB found that—even after accounting for employment growth, density, rent growth and local place-specific factors—the supply of housing grew faster when rent-control restrictions were loosened in California’s rent-controlled cities.
The...
How many will work remotely post-pandemic?
For all we know about our current housing market, the sources of demand, the supply headwinds and the changing financing landscape, one key variable has been unclear to us since the pandemic began: just...
Unintended consequences
The fact is, President Obama has caused us to care.
Gallup recently reported that Americans are paying closer attention to political news than during any non-election year since the company began tracking the issue in...
Consider the alternative
The pandemic has made large cash deposits a financial burden for some residents seeking to relocate. Providing alternatives to security deposits makes move-in more accessible and reduces long-term risk across multifamily portfolios.
Some state and...
AI that actually works for multi-dwelling operations
Like many, you probably have tech at home. As an early adopter, I’m acutely aware that it’s more a hobby than a tried and true form of security, energy management or automation. The electricity...
He who lives by the crystal ball will eat shattered glass.
In times such as these who needs prognostication? Truth alone is a wonder if you’re working from facts. Here are just a few.
“We are in a very favorable place, the economy is strong,” said...
Smart machines
A form of artificial intelligence (AI) has been utilized in the multifamily industry since the first revenue management software programs were created 18 years ago to set rents.
In that first phase of what also...
11 Body signs showing that someone is lying to you
Dr. Leanne ten Brinke of the Haas School of Business at the University of California has undertaken recent research that suggests humans have pre-set instincts for detecting liars, however they are often overridden by...
Business as unusual
As cities, counties and states begin loosening lockdown orders and allowing non-essential businesses to open, apartment owners are weighing strategies to ride out the economic disruption caused by the COVID-19 pandemic and finding slivers...
SFFR up their game
According to new data from the current Single-Family Rental Market Index (SFRMI) by the National Rental Home Council (NRHC) and John Burns Real Estate Consulting (JBREC), homes built for the purpose of renting—build-for-rent homes—accounted...
Gunfight at the Airbnb coral
That means Airbnb and others must stick to advertising San Francisco hosts who have registered with the city and haven’t exceeded the number of nights they’re allowed to rent. The penalty? Platforms can be...
Absolute zero
Decades of underinvestment and underbuilding continue to deepen a national housing shortage decoupled from demand since the 1980s. This was recently underscored by a report released in June by the National Association of Realtors...
Build it and they will come
Since the fourth quarter of 2009, the REIT has started and completed 27 communities, representing over $1.4 billion in total capital cost. In addition, the company has 12 development communities in lease-up representing a...
Costs rising for renters
Rents just hit another all-time high—and that means Americans are spending even more of their paychecks on housing.
According to Realtor.com, the U.S. median rental price hit a new high of $1,792 in February. Soaring...
The Home Act
Maryland's HOME Act is legislation that would prohibit landlords and other property owners from declining Section 8 vouchers, deeming it discrimination based on "source of income." While proponents believe the Act will eliminate high...
