MAPC’s latest research has uncovered astounding statistics about the role investors are playing in pushing Boston home prices up. But it falls wide of the mark in recommending rent control as a solution to the problem.
There’s another factor driving local housing-market strain: profit-seeking investors snapping up properties at an increasing rate, according to a new report from established urban planning researchers.
Investors found few, if any, places to safely put their money in 2022, as central banks in the U.S. and around the globe raised interest rates for the first time in years to fight surging inflation, stoking fear of a global recession.
High-quality U.S. bonds have lost more than 10 percent so far this year, as of Monday, on pace for one of their worst years in history. The investors feeling it the most are the very ones who invest conservatively, favoring bonds instead of stocks in hopes of securing historically steady returns.
The stock market’s skid this year has pulled the S&P 500 close to what’s known as a bear market. Rising interest rates, high inflation, the war in Ukraine and a slowdown in China’s economy have caused investors to reconsider the prices they’re willing to pay for a wide range of stocks, from high-flying tech companies to traditional automakers.
Hidden beneath the $1.5 trillion of tax cuts that was signed into law in December 2017 is a tiny kernel of economic opportunity.
Real estate tech company Compass announced this morning it raised $100 million in a Series E investment round, bringing the total capital the company has raised to $325 million.
