The repeal of long-standing Costa-Hawkins has the potential to capture thousands of previously market-rate apartments into local rent control. Local municipalities will have the authority to control units…
Read MoreRent collections held firm in the second quarter despite high unemployment as government stimulus mitigated the impact, yet the expiration of these benefits could weigh on multifamily.
Read MoreThe labor market continued to improve last month with the addition of 1.8 million jobs, below June’s gain of 4.8 million personnel. Business closures stemming from a rise in new COVID-19 cases in some parts of the country are slowing the pace of recovery. Total employment remains 12.8 million positions short…
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