As is customary this time of year, we at Apartment Wire took a look back at the news stories from the past 12 months and came up with our best of 2015 list. Here’s what you, our members, counted as your top 10 newsletter must-reads of the year.
10. Packages, packages and more packages. Camden’s decision to stop accepting resident packages at management offices made NMHC’s package page a go-to destination for related research and info.
9. Rent control on the rise. Proposals to cap rents emerge in cities across the national as the price of rental housing continues to grow amid greater demand and flat wages.
8. Most move to mobile. DemoMemo’s post on how the plurality of households now has only cell phones underscored the need for mobile connectivity in apartment communities.
7. NMHC 50 by the numbers. A perennial member favorite, this year’s release of the top 50 apartment owners and managers offered some extra analysis and two bonus lists of top developers and GCs.
6. Renting is the new normal. Because nothing spells better news for our business than Urban Institute analysis that shows renters household growth will outpace that of homeowners for at least the next 15 years.
5. The “other” rental housing. The Harvard Joint Center for Housing Studies’ headline that single-family rentals have risen to nearly a third of all rental housing grabbed members’ attention big time.
4. Immigration and the housing recovery. President Obama’s executive action on immigration pulled housing into the policy debate, as immigrants have accounted for a third of all household growth for the past two decades.
3. The budget and affordable housing. Harvard combed went through all 150 pages figure out what President Obama’s ambitious fiscal year 2016 budget means for affordable housing.
2. Small cities, big buyers. As prices for multifamily properties in top tier markets climb, some investors look to tertiary markets like Buffalo and Birmingham for better deals.
1. Not ready for rental growth. The Urban Institute released a major demographic study that concluded rental housing demand will dramatically increase over the next 15 years-and no one is prepared for it.
We look forward to more great stories in 2016!