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Matrix Research Bulletins
Rent control seemed to be on the ropes a few years ago. Some state laws were repealed, and economists on both the left and right agree that it is a counterproductive solution to the affordable housing problem. However, years of above-trend rent growth have led to a renewed push for states to set limits.
Although headlines about the coworking industry this year have been dominated by the ongoing travails of The We Company (WeWork), the industry is growing rapidly.
Despite waning GDP and employment growth, and frequent financial market volatility stemming from slowing global growth and the “As the World Turns” trade negotiations between the U.S. and China, most economists at last week’s National Association of Business Economists (NABE) meeting in Denver were sanguine about the prospects for the U.S. economy.
The Trump administration’s recently announced plan to reform government-sponsored enterprises Fannie Mae and Freddie Mac allows the agencies leeway to continue multifamily lending at recent record levels—at least until the end of 2020.