Why is the Rent So High?

Nice article from Matthew Yglesias of Slate on how multifamily construction has failed to keep pace with demand.  Here is the buried lede:  According to a recent Goldman Sachs analytic note, during the past four years, America has added 2.7 million “shadow” households—young people living with parents or siblings who under normal conditions we’d expect …

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What Every Leasing/Sales Agent Should Know

How often are your agents failing to make the deal because they don’t find out enough about the shopper or because they aren’t knowledgeable enough about the community or neighborhood?  Here’s a checklist from Apartment Resources, May 1992 for real estate sales and leasing agents and managers. About The Community Number of units Unit mix …

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4Q10 Columbus Apartment Report Now Available

The Fourth Quarter 2010 Columbus Apartment Report is now available.  Reports include vacancy data by rent range by unit type and are available for the full metro area, as well as five major submarkets (Central City/University, Northwest, Northeast, East/Southeast and West/Southwest).  To order through the website via Paypal or to download a free summary, please …

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Housing Continuum III – Mid-Range Multifamily/Rental

Link to previous articles: Part I – Introducing the Housing Continuum Part II – Entry-Level Multifamily/Rentals This article is the third in a series examining the housing market dynamics represented by what we call “The Housing Continuum”, as illustrated in the chart above.  The first article introduced the Housing Continuum concept.  The second article described …

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Recent Mover Renters: American Housing Survey Part II – Why Renters Leave Their Previous Unit

In Part I of this series, we focused on an overview of recent mover renters from the 2009 American Housing Survey and their previous units. In Part II, we will focus on why renters left their previous units. Reasons For Leaving Previous Unit Recent mover renters (those who had moved in the 12 months prior …

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