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Monday, July 1, 2024
Interest rates slow apartment development

Interest rates slow apartment development

Rising interest rates, tighter lending and flattening rents in parts of the country have left property companies from California to Florida waiting for financing that may not come soon. +500 days (up 45% from 2019)...
Rent is surging nationwide. Homelessness rates rose an astonishing 15 percent on average in major cities last year. It seems like the rest of the U.S. is waking up to what California has been living for decades.

Why is California behind Texas and other states in curbing homelessness?

Homelessness is surging nationwide. Homelessness rates rose an astonishing 15 percent on average in major cities last year. It seems like the rest of the U.S. is waking up to what California has been...
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