Rents fall behind inflation
Tracking rents is important for understanding the dynamics of the housing market. For example, the sharp increase in rents helped me deduce that there was a surge in household formation in 2021 (September 2021:...
Office to apartments
download pdf
Hybrid work is likely here to stay. This shift isn’t just changing lifestyles—it’s also affecting commercial spaces. Office vacancy rates post-COVID shot up almost overnight, and they remain near 20 percent nationwide, the...