A strong economy causes an increase in the demand for housing; the increased demand for housing drives real-estate prices and rentals through the roof. And then affordable housing becomes completely inaccessible.
I think the thing about New York City real estate is that you kind of just take what you can get when you're renting.
You see politicians talking about negative gearing or tax on your second home - most people I knew growing up couldn't afford the rent, let alone buying a house, or a second house.
There's more single-family homes rented in the United States then there are apartments.
Housing is the number one problem facing the citizens of Israel.
It is expensive to live in hotels, even cheap ones - more expensive than renting.
Rents should begin to decelerate as the demand for owner-occupied housing stabilizes and the supply of rental units increases.
If you rent a U-Haul to move your company, it costs twice as much to go from San Francisco to Austin than the other way around, because you can't find enough trucks to leave the Golden State.
