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Robust Demand And Record Rent Growth: Student Housing Market Flourishes Despite Uncertain Economy

Students are locking in their living arrangements as they prepare to return to college campuses this fall.As of June, 86.6% of beds at dedicated off-campus student housing facilities were preleased — a 5.2% increase from May and a 0.4% increase from the same period a year ago, according to Yardi Matrix’s third quarter National Student…

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The ‘richcession’ is real—Unemployment is rising for the 6-figure salary set, BofA data shows

Unemployment is rising fastest among households making $125,000 or more, the bank said in a recent note based on analysis of its deposit data. As of last month, the number of high-income households receiving unemployment benefits was  about 70% higher than the year before, Unemployment is rising fastest among households making $125,000 or more, the…

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