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Do we really have a housing crisis? After all, the “homeownership rate” is in the mid 60s — in the middle of the pack of other rich countries, and little different than it’s been for 50 years. But the way we typically measure the homeownership rate — as the number…
Continue reading →NEW LAW: On July 1st in Florida, there will be unprecedented new curbs on the power and excesses of HOAs (HB 1203). — Residents can no longer be cited or fined for trivial transgressions, like leaving their trash cans out beyond collection day, or having holiday lights and decorations still…
Continue reading →CoStar Group continues to strengthen its executive team as the “portal wars” heat up. On Thursday, the firm announced the return of former vice president of investor and public relations, Richard Simonelli, after five years away from the firm, along with the promotion of Cyndi Eakin to chief accounting officer. …
Continue reading →President Joe Biden will propose on Tuesday a nationwide cap on rent hikes of 5% per year, according to The Washington Post, which cites “three people familiar with the matter.” The proposal will rescind unspecified tax breaks to landlords who raise rents by more than 5%, although it would only…
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