Someone gets it

Multifamilybiz.com has a good article about mid-size apartment investors being able to capitalize on the reduction in competition in the apartment investment market.

We're finding it harder and harder to get this point across to the majority of potential investors. Again, sellers are holding firm to prices because their rents are up and their units are filled. As a result, buyers are surprised to see the lack of "blood in the water" given the underlying current of doubt in the economy. There is no question we're in a down cycle. Adding chum to the pool though, is the complete lack of dependable data as to when this cycle might switch directions.

Have any thoughts?

How to stop Growth 101

Course Description
This course is being taught by Your Mayor, Charles Meeker, who will lead a panel of your instructors (consisting of his close friends on the City Council) through aimless discussions about how new growth in Raleigh is detrimental to its longevity as one of the nation's premier mid-major metros. Because building new buildings, apartments, homes and commercial centers increases the tax base and encourages more of our well-educated work-force to stay put and provide regional employers with qualified staff and brain-power, the area needs to do all it can to curb this abhorrent trend toward regional success and outstanding livability.

This course will also teach you to waste countless tax payer dollars on fruitless, personal pet projects, such as banning garbage disposals and eliminating affordable housing in the city's urban districts.

Credit hours
Course offers zero credit hours because quite frankly, it's worthless.
Pre-reqs:
The student is expected to have read the following course articles by the beginning of the semester:

Raleigh taxes to increase.

Impact fees on the way up.

Council majority favors higher impact fees

Raleigh panel calls for phasing in fee hikes. (Or, Mayor says "Heck with panel, do it all at once.)

Council wants to see bill voted down (Or, Inspectors should be allowed free reign over every rental property at all hours without any cause. Except the ones owned by City Council members.)