2019-2023 saw the highest year-over-year rent growth in recent history. Research says that overall, the median renter by income saw zero growth in their real residual income. The bottom third of US renters were hit much harder. See: https://t.co/FmyBJR31qa
In this report, researchers illustrate why #CPI rent #inflation has remained elevated by combining a measure of new-tenant rents and annual renter mobility rates to create a simulated CPI tenant #rent inflation measure. View their findings: https://t.co/nMGASutj01 #EconTwitter
The authors show that half of commercial real estate (CRE) investment properties are purchased without a mortgage and highlight the role of renovation or redevelopment options in financing decisions. See the article: https://t.co/1GOPVoPLim
Just published: Cleveland Fed economist paper “CRE redevelopment options and the use of mortgage financing” was published in Real Estate Economics. https://t.co/1GOPVoPLim #EconTwitter
Why doesn’t #CPI rent look like alternative rent indices? Our researchers analyzed this question and broke down their findings. See our latest Research [in] Brief, available now: https://t.co/YNnBuOym8Q
About half of commercial real estate investment properties are purchased w/o a mortgage. In this paper, researchers analyze which types of properties are purchased w/o a mortgage, highlighting the role of renovations or redevelopments. See their findings: https://t.co/fuye9EJ0zm