Posts about:
A new year is upon us - I hope my readers had the chance to relax a bit over the holiday period. As usual, the holidays provided some breathing space for reading, and one of my favorite holiday reads this year has been "How to Win the Premier League."It's a fascinating book about statistical analysis (stay with me) by Ian Graham that holds a couple of important lessons for multifamily.
Readers of this blog will not be surprised to have learned that, just before the weekend, the DOJ dropped its criminal investigation into RealPage revenue management (RM). The 5 p.m. Friday media slot traditionally reserved for announcements of government policy failure saw one of the more bizarre twists in this tale go out with a richly deserved whimper.
There seems to be a great deal of new content hitting the wires in multifamily right now. Conference season is in full swing, bringing a surge of new ideas and perspectives. There are several topics that are top if mind that will be appearing in these pages this fall. But I'm particularly excited about a series of new podcast interviews will be released over the next few weeks.
There has been a great deal of talk about multifamily revenue management over the last few days. Last Friday, the Department of Justice's (DoJ) long-anticipated "algorithmic pricing" lawsuit affecting multifamily revenue management dropped.
Since then, I have been involved in many discussions about this news, particularly the central problem I see with these lawsuits: the allegations are simply false. What has surprised me somewhat through conversations over the last few days is that good-faith actors in the industry do not understand the gap between the allegations and the reality of how the technology works.
It's been some time since I wrote about the ongoing drama facing multifamily revenue management. The last few months have seen a few developments, attracting what might generouslybe described as a mixed bag of industry commentary. It's getting harder to cut through the (ahem) noise.
Spring conference season this year is a bit more interesting than usual. It's mostly thanks to a couple of new conferences on the circuit that I think will further important industry conversations. A few weeks ago, the inaugural "Forum," Hosted by Funnel Leasing, established a new place to discuss the increasingly popular topic of centralization. Last week saw the inaugural REBA Insights conference in Vail, CO. There were parallels between the two events that I will discuss in this post.
A few weeks ago, I wrote about the experience of participating in a Colorado state congressional hearing on a proposed law to outlaw revenue management. One of several points in that article was about the potential gap in our industry's advocacy that appears when state legislatures create national problems.
Last week, a couple of important events unfolded in the ongoing story of multifamily revenue management (RM). On Tuesday, a US Senate bill was introduced, mostly restating the illegality of price-fixing. Although this bill has received considerable attention, it goes nowhere near as far as a Colorado state bill that was presented to a committee hearing at the Colorado Capitol one day later.
There's been a lot of talk of multifamily pricing over the last year or so, with a slew of high-profile lawsuits alleging that software is forcing prices upwards across the USA. In a December 2023 newsletter, NMHC did a thorough job of showing how record supply is placing downward pressure on rents.
NMHC's extensive analysis makes it clear that it is supply and demand, not software, that drives pricing across multifamily markets. But that is not the subject of this article
It's a brand new year, and with it comes an opportunity for a fresh take on a familiar theme. Readers of this blog will be familiar with the view that multifamily technology vendors often approach their products incorrectly. Specifically, in their eagerness to identify the key selling points for their technology, they often overlook the main reasons why companies buy their products.
Posts about:
A new year is upon us - I hope my readers had the chance to relax a bit over the holiday period. As usual, the holidays provided some breathing space for reading, and one of my favorite holiday reads this year has been "How to Win the Premier League."It's a fascinating book about statistical analysis (stay with me) by Ian Graham that holds a couple of important lessons for multifamily.
Readers of this blog will not be surprised to have learned that, just before the weekend, the DOJ dropped its criminal investigation into RealPage revenue management (RM). The 5 p.m. Friday media slot traditionally reserved for announcements of government policy failure saw one of the more bizarre twists in this tale go out with a richly deserved whimper.
There seems to be a great deal of new content hitting the wires in multifamily right now. Conference season is in full swing, bringing a surge of new ideas and perspectives. There are several topics that are top if mind that will be appearing in these pages this fall. But I'm particularly excited about a series of new podcast interviews will be released over the next few weeks.
There has been a great deal of talk about multifamily revenue management over the last few days. Last Friday, the Department of Justice's (DoJ) long-anticipated "algorithmic pricing" lawsuit affecting multifamily revenue management dropped.
Since then, I have been involved in many discussions about this news, particularly the central problem I see with these lawsuits: the allegations are simply false. What has surprised me somewhat through conversations over the last few days is that good-faith actors in the industry do not understand the gap between the allegations and the reality of how the technology works.
It's been some time since I wrote about the ongoing drama facing multifamily revenue management. The last few months have seen a few developments, attracting what might generouslybe described as a mixed bag of industry commentary. It's getting harder to cut through the (ahem) noise.
Spring conference season this year is a bit more interesting than usual. It's mostly thanks to a couple of new conferences on the circuit that I think will further important industry conversations. A few weeks ago, the inaugural "Forum," Hosted by Funnel Leasing, established a new place to discuss the increasingly popular topic of centralization. Last week saw the inaugural REBA Insights conference in Vail, CO. There were parallels between the two events that I will discuss in this post.
A few weeks ago, I wrote about the experience of participating in a Colorado state congressional hearing on a proposed law to outlaw revenue management. One of several points in that article was about the potential gap in our industry's advocacy that appears when state legislatures create national problems.
Last week, a couple of important events unfolded in the ongoing story of multifamily revenue management (RM). On Tuesday, a US Senate bill was introduced, mostly restating the illegality of price-fixing. Although this bill has received considerable attention, it goes nowhere near as far as a Colorado state bill that was presented to a committee hearing at the Colorado Capitol one day later.
There's been a lot of talk of multifamily pricing over the last year or so, with a slew of high-profile lawsuits alleging that software is forcing prices upwards across the USA. In a December 2023 newsletter, NMHC did a thorough job of showing how record supply is placing downward pressure on rents.
NMHC's extensive analysis makes it clear that it is supply and demand, not software, that drives pricing across multifamily markets. But that is not the subject of this article
It's a brand new year, and with it comes an opportunity for a fresh take on a familiar theme. Readers of this blog will be familiar with the view that multifamily technology vendors often approach their products incorrectly. Specifically, in their eagerness to identify the key selling points for their technology, they often overlook the main reasons why companies buy their products.