Lilla Szini

Currently a research analyst at @ApartmentList and studied physics and economics at UIUC ‘18 + USFCA ‘20 🤠✨things I like: dogs, guitars, motorcycles, sewing 💫

[Lilla Szini @lszini]

The hustle and bustle is just too much for me 🫠

[Apartment List @ApartmentList]

Do you prefer the hustle and bustle of the city or the peace and quiet of the suburbs? Take our poll and tell us why in the comments.🏡

In our latest report, we're seeing rental demand shift away from downtown and toward the suburbs in major metros.🏙️→ https://t.co/Ky8TgUp3cp

[Lilla Szini @lszini]

🤩🤩

[Igor Popov @IAPopov]

Thanks for having me on the program - Great to speak with you @Elaine_Quijano!

[Igor Popov @IAPopov]

Apartment List just released a new Cost of Living Calculator, helping renters make better decisions (and maybe triggering those of us in the Bay Area)

Even if not moving, fun to play around. Rents in Seattle and Tampa have almost converged, but still a huge cost of living gap

[Apartment List @ApartmentList]

NEW: Last month in August, the rental market continued to decelerate, as rent growth came in at just 0.5%. If the seasonal pattern holds, price declines should materialize in the coming months.

Get the latest in our September Rent Report →
https://t.co/IsPtMkr4V9

[Rob Warnock @robnock_]

In 2021, rent inflation was massive both in terms of
a) magnitude
b) duration
In 2022, both are normalizing

[Rob Warnock @robnock_]

But right now it's young adults, moving out on their own, who are driving the surge in rental demand.

There are nearly twice as many Gen Z adults living alone today than there were pre-pandemic.

[Lilla Szini @lszini]

Where did they come from, where did they go: a report on household contraction and expansions in America during the pandemic 🤠🤯

[Rob Warnock @robnock_]

🧵 My newest report examines recent household formation (and decline), and what it’s done to housing affordability.

Household decline typically only happens during recessions. 1MM households dissolved in '09. In COVID we lost 2.5MM (!) in six months.

https://t.co/Dhg2XQDwCV

[Chris Salviati @chris_salviati]

The CPI's rent component had it's biggest MoM increase yet today (+0.8%), and is now up 5.8% YoY

But YoY rent growth is already falling according to our index, and we expect it will peak in the CPI sometime this fall

1/6

[Igor Popov @IAPopov]

The last time #rent #inflation was this high, Rock Me Amadeus was number one on the Billboard Charts.

[Ronda Kaysen @rondakaysen]

The housing market feels absolutely bonkers for basically everyone. So I set out to figure out what, exactly, is going on and what this all means for buyers, sellers and renters

What’s Up With the Crazy Housing Market? https://t.co/nFnwfHWURA

[Igor Popov @IAPopov]

Great breakdown of the current housing market moment by @rondakaysen. Loved our conversation and thrilled to contribute with a number of terrific researchers in the piece.

[Lilla Szini @lszini]

Dipping our toes into taking a look at how factors relating to climate change link with housing trends

[Apartment List @ApartmentList]

The average household carbon footprint in large metros is 18% higher in suburban "fringe" counties than in urban central counties. This calls for more dense, walkable communities, but the pandemic poses a few concerns. 🏘️

Read our new Climate Report → https://t.co/w0mLmIyKf1

[Rob Warnock @robnock_]

IMO household formation has been a really understated factor in explaining rising housing costs.
‼️ 4+ million households formed in 1.5 years ‼️
That's a huge surge in housing demand, especially as people shifted towards smaller, lower-cost markets.

[Igor Popov @IAPopov]

Great dive into one of my favorite topics. Two answers to two different questions.

Many renewing, staying put, and a bit shielded. Those actively searching are feeling the pain of a really tight market.

Market rents cooling but far from cool.

[Lilla Szini @lszini]

@Erin_Giddens No, you!! 🥺❤️

[Lilla Szini @lszini]

Now I can add bass under “things I like” in my bio, look at this new beauty ✨ anyone looking to form a band? Our band name could be “the marginal returns” 🤠🎶

[Apartment List @ApartmentList]

Chief Economist @IAPopov spoke with @jeannasmialek from @nytimes to discuss inflation and the rising rent prices.

“Rent growth and occupancy are off of Everest peak and back at base camp, but we’re still a long way from the sea.”

Read the full story: https://t.co/2BRhWnDtde

[Igor Popov @IAPopov]

1.
🚨NEW DATA PRODUCT🚨

The @ApartmentList Research Team is thrilled to release our newest public dataset. The Apartment List Vacancy Index is a monthly time series tracking the apartment vacancy rate in hundreds of locations across the country.

https://t.co/IY7nq5rJdb

[Rob Warnock @robnock_]

hmm 🤔🤔🤔

[Rob Warnock @robnock_]

The San Francisco Bay Area is officially the last place in the country where rent prices are still below pre-pandemic levels.

SF metro: -3.3% since March 2020
SJ metro: -1.3%
Rest of USA: +20%