What’s happening to our residents?
Loneliness among Americans has been growing in recent years, but the policy response to the COVID-19 pandemic has drastically exacerbated the problem. A new report by Harvard University researchers finds that 36 percent of...
Why companies should cater to consumers, not causes
Firms leveraging situations and social issues is not new, but showcasing their moral authority despite a disinterested consumer base is. It is not uncommon to hear in any business course that consumers vote with their...
U.S. residents owe $70 billion in back rent
Apartment investments are still an attractive bet, but income pressures are mounting on some properties. Renters have racked up a stunning $70 billion in unpaid rent since the start of the economic crisis cause by...
What goes wrong when the government interferes with prices
Prices are a fact of life, and so is complaining about them. You probably prefer lower prices on just about everything, but especially when buying a house or paying for college, and you wish...
The nation’s best
The National Association of Home Builders (NAHB) defines excellence in the multifamily home industry. For over two decades this recognition has noted the “significant achievements in the design, development, marketing and management of multifamily...
The weary world rejoices
And in despair I bowed my head: There is no peace on earth, I said, For hate is strong, and mocks the song Of peace on earth, good will to men. Henry Wadsworth Longfellow, 1864 written during the Civil...
The world didn’t end—developers keep building
Developers aren’t waiting for a vaccine for the novel coronavirus. They have been busy planning projects to build new apartments, even as doctors diagnose new infections in the U.S. at a rate of more...
Risky business
The digital world has created a paradigm shift for the apartment industry, allowing resident-facing tasks like property tours and unit inspections, lease signings and rent payments to be handled virtually via mobile apps and...
Preventing a looming crisis
Missed rent payments are stacking up across the country, threatening an unthinkable crisis when eviction moratoriums currently in place expire. To make matters worse, many renters are accumulating massive late fees that compound their...
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...
The fight over rental control is not over
Voters in California rejected a measure on November 3, 2020, that would have overturned a hard-fought compromise over rent control in one of the most expensive rental housing markets in the nation. Proposition 21 would...
The time is right for whole-building intelligence
The timing is right for multihousing to adopt smart building technology and services. Ironically, by coming later to the party than commercial real estate, multihousing is in a good position to do it once...
Why Biden’s plan to help make housing affordable will make it more expensive
Because the 2020 election was largely a referendum on President Donald Trump, many of Joe Biden’s policy proposals have been overlooked until now. The recent announcement of some of his cabinet picks shows that...
Suburban rise
Desperate landlords now offer as much as three months free rent to potential renters at new, Manhattan apartment towers. “There is a considerable amount of pain—20 to 25 percent declines in effective rents,” according to...
That upon which you focus, becomes your reality
A ship once found itself lost at sea. After a time, the crew’s drinking water ran seriously low. The parched sailors were certain they would die until, miraculously, another ship came within view. The distressed...
