The "Big Shift" That's Finally Causing Rents to Fall

The "Big Shift" That's Finally Causing Rents ...

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OpenAI President Greg Brockman on Doing Business in the Wake of Hugging Face

According to OpenAI President Greg Brockman, the models that escaped their sandbox and hacked into Hugging Face's servers had yet to go through alignment training. That they were able to break free of the testing environment was not a surprise to OpenAI, but what has happened sin ...  Show more

Robert Friedland on the World's Monumental Shortage of Copper

Copper demand is booming, with the metal surging another 15% this year. Copper demand has always been tightly linked to economic activity, but now it's in overdrive, thanks to data centers, electric cars, and the global push to reindustrialize everywhere. Copper prices are also r ...  Show more

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1197 - Rents Show Biggest Decline in 3 Years—Should Landlords Panic? By Anna Cottrell
BiggerPockets Daily

Redfin’s November rent report is out, showing that median rent prices declined by 2.1% year over year. This is the biggest decline since 2020, and renters nationwide will breathe a sigh of relief. Landlords and investors? Perhaps not so much, although there are regional variation ...  Show more

975: BiggerNews: Rent Price Updates and Why Landlords Are Optimistic About 2024 w/Zumper’s Anthemos Georgiades
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The rental market could finally be returning to stability after a wild past four years. Since 2020, we’ve seen rent prices skyrocket almost overnight, with huge asking price increases for single-family homes, multifamily apartments, and everything in between. But that trend quick ...  Show more

1031 - Rent Growth is Negative For the First Time in Three Years—Is Your Cash Flow in Jeopardy? by Dave Meyer
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The record-breaking rent growth of the last several years is showing signs of fading. Earlier this month, Redfin reported that rent growth slid 0.6% on a year-over-year basis for the first time since the pandemic. This is, of course, a modest decline in rents, but it begs the que ...  Show more

Why Is Your Rent So High?
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The price of everything is going up, but few things have risen as fast as rent. The rule of thumb used to be that housing shouldn’t eat up more than a third of your paycheck. But these days, a lot of people are handing over half or more of their income to the landlord. Why has re ...  Show more