Real Estate Journals, Sept. 26, 2022–Dan RafterIn its efforts to curb rising inflation, the Federal Reserve on Sept. 21 raised its benchmark interest rate by three-quarters of a percentage point. …
Group Newslink: MBA Commercial/Multifamily NewsLink Sept. 29 2022
Rents Drop for First Time in Two Years After Climbing to Records
Wall Street Journal, Sept. 26, 2022–Will Parker (subscription)Apartment rents are falling from record highs across the U.S. for the first time in nearly two years, offering the prospect of relief …
Fed Unsure of Economy’s Direction as Wall Street Meltdown Worsens
Washington Post, Sept. 24, 2022–David J. LynchAfter the Fed misjudged inflation in 2021, Federal Reserve Chair Jerome H. Powell is talking honestly about his uncertainty of whether the U.S. can …
Opinion: SFR Companies Not to Blame for Lack of Inventory
HousingWire, Sept. 23, 2022–David HowardExecutive director of the National Rental Home Council disputes allegations that single-family rental home companies are responsible for lack of housing inventory, noting large companies own …