Tag: Article
NAHB Pillars of the Industry finalists 2022
As part of its mission to promote excellence in multifamily home building, the National Association of Home Builders (NAHB) has sponsored the Pillars of...
The creators
“Beauty is the promise of happiness,” wrote 19th Century French writer Stendhal. Beauty “exalts the mind or spirit,” according to Merriam-Webster and “truth, beauty...
High interest rates stymie apartment investment
Few are executing new deals amid uncertainty about how high rates will go, what properties are worth, how much rents and operating costs will...
The rent control bomb
Some of our nation’s politicians seem to know very little about basic economic principles despite constantly proposing legislative action on economic issues. Sen. Elizabeth...
The problem with property rights
Property rights cases, no matter the sector, are related to the multifamily housing business. One breach is every owner’s problem. Case in point: A...
Keeping politics away from investments
President Joe Biden’s Labor Department recently announced a new rule that will permit money managers to play politics with trillions of dollars of people’s...
Our perception of skilled trades needs to change
The U.S. is in the midst of a crisis of masculinity. According to a new study from the Federal Reserve Bank of Boston, men...
Apartments hold steady despite uncertainty
The pandemic years have created a winning trifecta of high rent, occupancy and demand in the multifamily sector. Vacancies dropped to 5.8 percent, their...
An inside job
Only by contact with evil could I have learned to feel by contrast the beauty of truth and love and goodness. —Helen Keller There’s a...
Land prices drop
Rising interest rates stress developers as they look for land to build on. But tough times may create opportunities. Land prices are falling—for the first...
The housing boom is already over. The housing shortage will continue.
As mortgage rates have risen this year, the buyer demand for homes has fallen. That has spelled trouble for the home construction business. Homebuilder...
U.S. household wealth sees second-fastest decline since 1959
Household wealth in the United States fell by its second-fastest pace in history in the first three quarters of the year, but was buoyed...
Congress targets institutional investors
In December, Oregon Senator Jeff Merkley introduced a new piece of legislation to his colleagues aimed at limiting hedge fund ownership of residential housing. “Everyone...
Tight fuel supplies. Faltering grid. What could go wrong?
As the snow flies and temperatures plummet, regulatory agencies and analysts alike warn that residents in multiple states are at an elevated risk of...
Relive history
A historic school in Chambersburg, Pennsylvania, will serve generations to come as an apartment complex. The old Mary B. Sharpe Elementary School was sold at...