Good Economic News is Bad Inflation News
The U.S. added 336K jobs in Sept. – far above expectations for 162K. It says good things about the economy, but the Fed will see a big red flag in its inflation fight.
Apartment Market Hits a Construction Lull
Apartment construction is facing rising interest rates, declining rents and overbuilding in some areas. As a result, 2023 has seen 41% fewer new-project starts.
Court Urged to Block Fla.’s Foreign-Buyer Property Law
Plaintiffs opposing Fla.’s foreign-buyer law submitted a preliminary-injunction request to an appeals court this week after a U.S. district judge denied the request.
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