This photo has enough info in it to tell you exactly what US city it's taken in, at a glance. No need to zoom in. And it's one of my absolute *favorite* regional construction quirks...

8) Boston is a market where we've heard mixed reporting from the REITs, but UDR is one that called Boston "a really strong performer." Rent growth moderating some, but still high occupancy.

WOW There still isn't a single major Midwestern housing market with falling year-over-year home prices https://t.co/WIzTx9MfFx

While building Levittown PA, developers dug a pit to quarry sand and gravel for road paving. Once finished they let it fill with the rain, stocked it with Rainbow Trout and made it an amenity.

Real estate pro tip: it’s probably naive to jump to conclusions from a Zillow screenshot.

When comparing housing shortage estimates, it’s helpful to be clear both on methods and the question/counterfactual being posed. “What’s the bare minimum we need to accommodate current households” will give different answers than “What would markets build without constraints”.

Ironic reading this as I'm headed to a rah-rah presser about slow zone elimination.

French cities with higher supply elasticity see lower price growth. This variation in supply elasticity is explained by variation in the restrictiveness of local land-use regulations.

The call seems to be coming from inside the house (or the House, as it were) when it comes to "debanking" legal cannabis businesses, per @politico Morning Money:

Mass Senior Action Council is back at the State House to urge the Senate to pass Mayor Wu’s property tax proposal. City officials have said the measure needs to pass before Wednesday, when the City Council is scheduled to set property tax rates for next year #bospoli #mapoli

As they say, a pretty big f-ing deal. If approved, the merger will put Rockland essentially neck-and-neck with its biggest local rival, Eastern Bank. https://t.co/LMxfw29yfI

COLLINS BLOCKS: Sen. Nick Collins blocks Boston tax shift, says he wants more time to digest data. #mapoli

This is what living in Boston is

#TIL that Massachusetts re-implemented #redlining in 2022. Here's how it works 🧵

And I also think, tho again I’m talking my own book here, that it is one of the best ways around the investor unease around “oversupply” Not all houses at the same, and in particular, there is a lack of smaller homes. So you aren’t competing with ADUs, Studios or McMansions

Filtering is a real and easily observable outcome of new housing supply.

The real inhibitor of Missing Middle development: You're amortizing a bunch of legally required capex (elevators, sprinklers, fire panel) and opex (fire panel monitoring) across many fewer units, impairing project returns. If you want more of those buildings, have to carve them

Report says Gateway Cities need to double housing production to meet rising demand https://t.co/PHVdKltYRI via @cwbeacon

ADU’s are great but how many families can afford to make a whole basement building code compliant? Egress, sprinkler, potential FA installation. The cost rises extremely quick and stops a lot of homeowners in their tracks. I would love to know how many ADU’s have been

Housing is getting hit by a home insurance shock To better understand where home insurance is headed next, I’ll be interviewing John Rogers, CoreLogic’s Chief Analytics Officer, at ResiDay on Friday (tomorrow!) in NYC Get your ResiDay ticket here: https://t.co/2J6oqdYvFp