Recent research from RentCafe illustrates that with the average age of Americans creeping upward, the share of renters aged 60 or older has risen dramatically in the past decade in many cities.
Manufacturing of consumer goods, save for household goods, has not increased significantly over the past few years, but a new maritime regulation may soon create a manufacturing boom. The International Maritime Organization (IMO), which sets rules for seagoing vessels globally, has mandated a reduction in fuel emissions, specifically sulfur content, to reduce the environmental impact of ships.
The New York Times looks at ways to avoid the fallout from the next real estate downturn. There is an effort underway to fix some flaws related to asset depreciation in the 2017 tax law, reports Forbes. These are among today’s must reads from around the commercial real estate industry.