Millennials rising
Millennials are now wealthier than previous generations were at their age. They can’t believe it either.
The median household net worth of older millennials, born in the 1980s, rose to $130,000 in 2022 from $60,000...
Factors driving apartment demand and consumer sentiment
Last year’s surprising upside in apartment demand is expected to continue this year, even if the pace of absorption slows due to fewer new deliveries, said RealPage Chief Economist Carl Whittaker, who...
Yardi Matrix: expenses and income grow in tandem in affordable housing
On December 3, Yardi Matrix released its first-ever report on expense and income growth in the affordable housing sector. The report concludes that expenses and income have grown in tandem at above-level...
High supply apartment markets ride demand wave
More than 558,000 apartment units have delivered over the past 12 months, hitting what RealPage Analytics calls a 50-year supply peak. But booming demand for rental housing has been a bright spot...
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...
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...
Affordability is re-emerging as a tailwind for market-rate apartments.
Affordability is re-emerging as a tailwind for market-rate apartments. One takeaway from data discussed on a RealPage podcast this week is that rent-to-income ratios have returned to pre-pandemic levels, suggesting affordability issues...
Inflation is the most destructive disease known to modern societies —Milton Friedman
Here’s how.
1 Shoe leather
The resources and energy people use to convert deteriorating currency into stable assets are costly. Economists call this shoe leather costs, alluding to how people destroy their shoes in the metaphorical...
Has capitalism come at the expense of the poor?
Perhaps the most amazing fact in all economic history is the unprecedented rise in wealth per person that has taken place in the last two centuries, following the Industrial Revolution. But it remains a...
Candidates move focus to housing
In the 2024 race between Vice President Kamala Harris and former President Donald Trump for the U.S. presidency, housing is a major issue for the first time since the 1990s.
One thing is certain, the...
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...
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...
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...
The calculus of consent
Enjoying the fruits of the world’s economic powerhouse make it hard to dismiss the attributes that set the U.S. on top. It also makes it a challenge to ignore those things that so clearly...
The housing theory of childless cat ladies
Would a YIMBY building boom rejuvenate urban family life or produce sterile, megacity hellscapes?
Housing Boom = Baby Bust?
America’s low birth rate is in the news again, thanks largely to Vice Presidential candidate Sen. J.D....
