Tag: July August 2024
Biden calls for rent control
President Biden formally announced his national rent control plan at a campaign event in Nevada July 16. The president intends to limit rent increases to...
The price of disorder
I was once pitched a deal in the heart of the Amazon—Manaus, Brazil. What was I buying? Firstly, a commercial asset. But I couldn’t...
INFOGRAPHIC: A luxury vibe
High-income millennials and Gen Zers are choosing Class A apartments over home ownership. Is it a lifestyle choice or the economy? National Class A rents...
INFOGRAPHIC: Small businesses keep labor market flying
Job openings at small businesses fire on all cylinders—despite Federal interest rate increases (up) 50 percent more job openings in April were by small/midsized employers...
INFOGRAPHIC: Have CRE foreclosures hit bottom? Probably not.
Office demand is not returning. Owners working with lenders on short sales aren’t counted as foreclosures muffling the numbers. The volume of commercial property...
INFOGRAPHIC: Battle of will
Launching from the bestselling 2008 book, Nudge, by Thayer and Sunstein, nudging became a cultural phenomenon. The concept assumes that behavior is better persuaded...
New metrics make Midwest investment attractive
Recently, the Midwest has shown surprising growth and economic resilience, making this region an attractive candidate for multifamily development, investment and general interest. Often considered...
Mod, mod world
Some of the busiest apartment developers in the U.S. are still trying to use three-dimensional “modules” created in factories to reduce the cost of...
Revenue management’s data dilemma
The first multifamily housing property went live on revenue management (RM) 23 years ago in February. That system was the first iteration of Lease...
Why housing costs remain a major hurdle for lowering inflation
Housing inflation continues to be a stubborn impediment to the consumer price index (CPI) falling back to the Federal Reserve’s target. Despite broader economic inflation...
Apartmentalize roundup: Maintenance as cost saver, operations help close deals
The quest for savings at multifamily properties kicked up a notch at June’s National Apartment Association’s Apartmentalize conference in Philadelphia. Managing expectations: maintenance Maintenance, an essential...
Building permits for apartments declined nearly 30 percent since pandemic
Persistently high interest rates are restricting the ability of businesses to borrow money to invest in real estate construction. Fewer builders are seeking building permits...
Labor Department quietly cuts employment growth in half
The labor market increasingly resembles the imposing visage of the Wizard of Oz, with disappointment behind the curtain. Just look at the latest job...
Millennials rising
Millennials are now wealthier than previous generations were at their age. They can’t believe it either. The median household net worth of older millennials, born...
Categories hit hardest by inflation
Despite inflation cooling to the lowest level in more than three years in July, there’s no way around the fact that consumer prices in...
