What city is now banning Airbnb? Do nightly rentals drive up rents?

What city is now banning Airbnb? Do nightly rentals drive up rents?

Over the years there have been a lot of theories that nightly rentals are increasing long term rents of full-time residents. Recently NY analyzed nightly rentals in various boroughs to calculate the increase in lease rates. This is the first real study I have seen on...
Biden/Harris propose national rent control, what does this mean for prices and supply

Biden/Harris propose national rent control, what does this mean for prices and supply

It is no secret that housing prices and in turn rents have skyrocketed throughout the country.  President Biden, announced a major new action to: “ lower housing costs by limiting rent increases”.  Essentially the proposal is nationwide rent control.  What is in...
Who is better for real estate Harris or Trump ?

Who is better for real estate Harris or Trump ?

  Wow, it is amazing how quickly tides have changed.  Look at the chart above of the betting market on the next presidential election right after the assassination attempt. Fast forward and another twist happened over the weekend with President Biden stepping...
House prices hit another record, what is now driving house prices?

House prices hit another record, what is now driving house prices?

It is astonishing that house prices continue higher in the face of high interest rates and a slowing economy.  The media keeps pinning the continued appreciation on lack of supply even while listings in places like Denver have jumped 33% year over year.  What is...
Inflation cools in June, what about interest rates and house prices?

Inflation cools in June, what about interest rates and house prices?

When I was writing this article mortgage rates were hovering right around 7%.  At the same time June showed the first real slowdown in inflation in the last year.  The stock market soared on the slowdown in inflation while the federal reserve took a much more...