NY nightly rentals plummet 90%, rents skyrocket

NY nightly rentals plummet 90%, rents skyrocket

  In every nightly rental discussion throughout the country, there is this theory that nightly rentals are increasing rents and pricing out locals.  How true is this statement?  What happened in NY when nightly rental were severely restricted?  What has happened in...
President fires Federal Reserve Governor mortgage rates rise

President fires Federal Reserve Governor mortgage rates rise

What an insane 24 hours, a late night tweet on Tuesday announced the sudden firing of a Federal Reserve Governor essentially trying to eliminate the independence of the federal reserve while ensuring looser monetary policy.  Ironically the opposite occurred and...
New Senate bill penalizes investors buying houses

New Senate bill penalizes investors buying houses

Vice president Harris announced her support of a recently introduced  bill aimed at curtailing investor activity in the housing market that she says is driving up home prices. This new bill is one of the cornerstones of Harris’ housing policy.  The Stop Predatory...
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...