Recovery Prevailing, But Macro Problems Alive and Kicking
The U.S. debt downgrade and the bumpy road of attempted resolutions to the European debt crisis have cast a cloud of uncertainty on the global economy but failed to tip the U.S. recovery. Amid the clouds of fear and uncertainty, fundamental economic activity has proven to be quite resilient as evidenced by the string of better-than-expected economic readings since Augusts onset of financial-market turmoil and the roller coaster ride in Europe.
SAN DIEGO—Multifamily lenders need to keep an eye on income growth and factor it into their underwriting standards, in addition to being aware of decreasing affordability in the market, speakers at MBA’s CREF/Multifamily Housing Convention & Expo 2017 tell attendees.
Last week I ended my Rant with the warning that the left, and the kids being turned out of universities with the belief that they can yell and scream…
CHICAGO—The rise in wages is helping push operations into secondary markets.
SAN DIEGO—GlobeSt.com caught up with MBA’s CREF/Multifamily Housing Convention and Expo 2017 attendee Ed Hussey, head of multifamily production at Pillar about his thoughts on the market.