Laura Kusisto
speaker
689 appearances
14 recordings
1 series
first heard Jul 2017
last heard Nov 2023
Laura Kusisto’s voice in public audio — every appearance, attributed to the second.
Trend
recordings per month · last 12 monthsNo recordings in the last 12 months.Older appearances are listed below; set an alert to hear about the next one.
Appearances
And for a while, we just didn't see people having a lot of confidence.
voice-verified
And as Anne-Marie raised, too, we saw rents going up much faster than people's wages.
voice-verified
So they also just weren't saving money.
voice-verified
So they weren't saving for that down payment.
voice-verified
So I think if you're a renter, there is potentially some very good news in these data.
voice-verified
We should note, we probably should have at the beginning, these are very volatile.
voice-verified
So I watch them from quarter to quarter and I watch for trends more than I watch for anything happening in any one quarter.
voice-verified
But with that caveat, what we saw was quite remarkable.
voice-verified
We saw a decrease of about 300,000 in the number of renter households in the U.S.
voice-verified
in this quarter compared to last year.
voice-verified
That's huge.
voice-verified
That's particularly huge because we're seeing 30-year highs of new supply.
voice-verified
If that continues, we're already seeing vacancy rates rise.
voice-verified
We're already seeing rent increases flatten out, especially in places like New York, San Francisco, these big, expensive cities.
voice-verified
We're seeing more vacancies come online.
voice-verified
If that continues, if we see this decline in renter households but a huge amount of new supply, that could be great news for renters, bad news for landlords.
voice-verified
So certainly an apartment analyst I talked to said we're not pressing the panic button yet, but they're really still expecting significant, significant numbers of new apartments to be coming online well into 2018.
voice-verified
And so if this trend continues that we see renters transitioning to homeownership in large numbers and that decreasing the pool of renters, that's going to put a lot of pressure on landlords, which can be great for tenants.
voice-verified
We're already seeing places around the country, landlords offering people two months of free rent, a free parking spot, movie gift certificates.
voice-verified
And so I'm sure renters would be quite pleased if that continues.
voice-verified
Showing 461–480 of 689 · page 24 of 35
← Previous
Next →