The July August 2023 issue of Yield PRO magazine
Tag: July August 2023
Rental fees new target for White House
The Biden administration recently announced a new component of its war on junk fees, curbing rental fees that officials assert are exacerbating housing affordability...
SFR Housing market institutional freeze
Just as national home prices were bottoming in early 2012 following the crash that started in 2007, institutional buyer Invitation Homes (owned by Blackstone...
Public Storage to acquire Simply Self Storage for $2.2 billion
Self-storage operator Public Storage has moved to buy Simply Self Storage from Blackstone Real Estate Income Trust for $2.2 billion. Demand for storage space...
Fitch downgrades U.S. credit rating
Fitch Ratings downgraded the U.S. government’s credit rating weeks after President Biden and congressional Republicans came to the brink of a historic default, warning...
Groups urge Supreme Court to overrule pro-bureaucracy rule that aids administrative state
Limited-government advocates are urging the Supreme Court to overrule “Chevron deference,” a bureaucracy-empowering legal doctrine they say has distorted the U.S. system of government...
Incandescent bulbs banned (again)
The Biden Administration has implemented a ban on incandescent light bulbs in favor of energy-efficient bulbs, following a years-long bipartisan effort to phase out...
The Great Purpling
The sky over the city of Vancouver was the color of a television tuned to a Prince concert. OK, maybe not the whole sky. But...
Young hires of 2023 ill-prepared
The effect of years of remote learning during the pandemic is gumming up workplaces around the country. It is one reason professional service jobs...
American Homes 4 Rent, Invitation Homes strike separate expansion deals
For all the concerns about the rental housing business, American Homes 4 Rent and Invitation Homes are expanding. Single-family home rental REIT American Homes announced...
A changing housing market has led to the rise of “attainable” housing brands
It’s no secret that housing costs have gone up in the last few decades—a lot. Buying a home has become extremely expensive in many...
FHA increases threshold for large multifamily loans
The Federal Housing Administration (FHA) has increased the threshold at which a multifamily loan is considered a large loan from $75 million to $120...
Housing’s recession already happened?
A lot of people still expect the U.S. to fall into a recession. But for the housing market, the recession could already be in...
