Major U.S. Supreme Court decisions coming down the track MAJOR UPDATE
June 28, 2024 Update: The Supreme Court in an unprecedented victory for multifamily and other businesses, has today reversed its 40-year-old decision in Chevron v. Natural Resource Defense Council. This law governed how courts...
Lawyers take big government to the Supreme Court
“We all get to vote, but the ability to make legislation is no longer in the hands of the people we elect,” Columbia law professor Philip Hamburger said. As the administrative state implements more regulations...
The incredible disappearing Starwood CRE investor
The $10 billion fund from Starwood Capital Group has been trying to preserve its available cash and credit by limiting investor redemptions. In the first quarter, the fund was hit with $1.3 billion in...
Rent control still the wrong solution to housing woes
Restricting the price of housing kills incentives to supply places to live. Rent control is having something of a moment: In Los Angeles, tenants are invoking a law that imposes limits on apartments built on...
Rules that make dishwashers, wash machines perform worse also illegal
Plaintiffs argue that the Department of Energy has no legal authority to impose its own water use limits on energy-consuming home appliances. The federal regulations that make dishwashers and washing machines worse are also illegal....
INFOGRAPHIC: 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)...
INFOGRAPHIC: Disparate impact of high interest rates
Disparate impact of high interest rates has adversely impacted millions of low- and middle-income families—and housing providers. More often high interest rates depress stock and housing prices, and other asset values— impacting all income...
Monopolies, elections and power, oh my
Technology is engineered toward empowering individuals, not government. Therein lies the problem. From the Gutenberg press to automobiles to a networked world enabling people to work remotely, history’s greatest innovations—in some way great or small—liberate...
“Desire paths” and the problem with central planning
I recently attended the Austrian Economics Research Conference, which is held annually at the Mises Institute on the campus of Auburn University. After an inspiring day of presentations, I began my trek back to the...
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...