SALT, sanctuary and rent control, oh my
Fast five facts on the state of California California has the nation’s highest income tax rates, topping out at 13.3 percent of taxable income (SALT=state and local tax). California depends on those taxes for 70 percent...
Affordable housing dies a slow death in California
The activists are restless in California. This past week The Wall Street Journal broke the news that the required threshold of signatures has been achieved to add rent control to the next ballot. The signatures...
Top 10 markets for multifamily pay and for job growth
The Census Bureau released the 2016 County Business Patterns (CBP) report on April 19. Using data from this report and from the 2015 CBP report allowed us to identify the metro areas with the...
Top 50 metros for multifamily employment
The 2016 County Business Patterns (CBP) report was recently released by the Census Bureau. A dive into the report's data reveals the metro areas with the highest levels of multifamily employment in the housing industry. The...
I heart Mike Rowe
Honest. Straight up. Tells it like it is. Wendy Broffman, MHP correspondent, just wrapped up our interview with Mike Rowe, skilled trade genius and master of all-things common sense. A graduate of Hard Work...
Construction still recovering from the housing bust
Last week, the Census Bureau released the 2016 County Business Patterns (CBP) report. The report shows that housing construction employment and the number of construction businesses are on the rise but neither has fully...
Multifamily employment and businesses growing
Last week, the Census Bureau released the 2016 County Business Patterns (CBP) report. Comparing this report to those from prior years paints a picture of growing multifamily employment and increasing pay. A snapshot of American...
My report from the future
It’s the age of the vanishing. Vanishing keys. Vanishing remotes. Vanishing light switches. Just what else will vanish as voice control takes over in the form of Amazon Echo and other similar systems? Even...
ULI presents real estate economic forecast
Wednesday, the Urban Land Institute (ULI) presented its most recent semi-annual real estate economic forecast, which extends through 2020. The ULI forecast is based on the median of the forecasts of 48 economists or...
BLS data show churn in construction jobs
On Friday, the Bureau of Labor Statistics (BLS) released its report on job openings and labor turnover for February. As reported elsewhere, the headline report showed little change from the prior month for the...
A drop in the bucket
This week another spammer-scammer was sentenced for stealing your data. He'll be off to federal work camp for 17 months starting next month to serve his time. A drop in the bucket. Let’s run a...
Census releases multifamily construction data for March, 2018
The Census Bureau, in conjunction with the Department of Housing and Urban Development (HUD), released its monthly new residential construction report for March, 2018. The report shows strength for multifamily housing with solid results...
BLS data show growth, stability in multifamily employment
On Friday, the Bureau of Labor Statistics (BLS) released their report on job openings and labor turnover for February. The headline report showed little change from the prior month for the jobs market as...
Rent increases match wages in February
The Bureau of Labor Statistics (BLS) released reported Wednesday on earnings for employees on private, non-farm payrolls and on consumer prices. The reports show that earnings increased at a slightly higher rate than did...
President issues executive order to promote economic mobility
On Tuesday, President Trump issued an executive order requiring heads of federal government departments to assess what changes they can make, consistent with current law, to encourage economic mobility so people receiving assistance move...
