Skip to content

News

US Food CPI YoY

US Food CPI YoY “The good news: food prices should stop going up very aggressively. The bad news: the surge in food prices has outpaced the increase in wages, and a lot of families are dealing with the consequences.”  -@MacroAlf To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive…

READ MORE...

Renters More Challenged Than Homeowners for Affordable Housing

Renters More Challenged Than Homeowners for Affordable Housing “The Pew report showed rent costs nationwide increased by a median of 12% between 2019 and 2021, with higher spikes in cities including Boston, Phoenix, Atlanta, Chicago and Dallas. U.S. median household income declined 2.9% from 2019 to 2020, with no significant change from 2020 to 2021,…

READ MORE...

SPAC Boom Ends in Frenzy of Liquidation

SPAC Boom Ends in Frenzy of Liquidation “Roughly 70 special-purpose acquisition companies have liquidated and returned money to investors since the start of December. That is more than the total number of SPAC liquidations in the market’s history, according to data provider SPAC Research. SPAC creators have lost more than $600 million on liquidations this…

READ MORE...

California’s Population Shrinks for Third Straight Year

California’s Population Shrinks for Third Straight Year “Between July 2021 and July 2022, the number of California residents dropped from 39,142,991 to 39,029,342 — a loss of about 114,000 people, the new data shows. There were more births than deaths in the state, and 125,715 immigrants made their homes here in that one-year span. Most…

READ MORE...

Lumber Prices at their Lowest Levels since 2020

Lumber Prices at their Lowest Levels since 2020 “Construction material prices are coming down…” To Read the Original Article Click Here Subscribe to our regular newsletter and get exclusive access to our next investment opportunity. Recent Posts

READ MORE...

Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco

Tech’s Bust Delivers Bruising Blow to Hollowed-Out San Francisco “San Francisco faces a $728 million budget gap over the next two fiscal years. About 72% of the SF economy is driven by office-based industries, and the office-vacancy rate has soared to more than 25%—in turn hurting local businesses dependent on workers.” To Read the Original…

READ MORE...

U.S. Building Permits Collapse in November, Multi-Family Plunge

U.S. Building Permits Collapse in Novemeber, Multi-Family Plans Plunge “Housing Permits are down over 22% YoY – the biggest drop since 2009 (with single-family permits -29.7% YoY and multi-family down 10.7%)…Under the hood, this is the 9th straight month of single-family housing unit permit declines. But more notably multi-family permits plunged. On the Starts side,…

READ MORE...

Yardi November National Report

Yardi November National Report Yardi November National Report: “Multifamily Rents Turn Negative Headwinds are slowing multifamily growth, following months of economic slowdown. Still, compared to historical standards, rent, occupancy and absorption will end the year strong. ■ Facing a variety of economic headwinds and deteriorating demand, multifamily rents finally turned negative in November. U.S. asking…

READ MORE...

The Fed and Banks are Putting the Squeeze on Multifamily Cap Rate Spreads

The Fed and Banks are Putting the Squeeze on Multifamily Cap Rate Spreads “The critical question is, what does a tight cap rate spread mean for multifamily investors in the era of rate hikes? As shown in Figure 3, cap rates with tight spreads are highly likely to increase under the upward pressure of rising…

READ MORE...

Get Ready for a Recession Unlike Any Other & ‘What Worked in the Past won’t Work Now’

Get Ready for a Recession Unlike Any Other & ‘What Worked in the Past won’t Work Now’ “A worldwide recession is just around the corner as central banks boost borrowing costs aggressively to tame inflation — and this time, it will ignite more market turbulence than ever before, according to BlackRock. The global economy has…

READ MORE...