Economy

Industry leaders need to nurture a new generation of trained workers.

Buying self-storage properties with a significant in-place income and a poor implementation of management strategy is by far the most favorable on a risk-adjusted basis, according to Hunter Thompson of Cash Flow Connections.

Proposals included preserving and improving the state's incentive programs, standardizing local land-use procedures, creating sites for industrial projects, and expanding successful efforts to streamline environmental regulations.

However, Zillow senior economist Aaron Terrazas says the amount renters spent grew at the slowest pace in recent years, due both to rising homeownership rates and new apartment supply.

Seasonal hiring is largely responsible for this market's impressive job-growth numbers, which could cause wages to increase as well, according to Manpower's Phil Blair.

Slowing rent and valuation growth, coupled with rising interest rates, will constrain leverage and cause terms to tighten in the new year, A10 Capital's Michael Singh tells GlobeSt.com.

The average American renting family cannot afford the holidays without $549 in savings, according to RENTCafé.

Sales activity was, for the most part, lackluster in 2017. Pricing for most assets remained stubbornly high while, in other cases like retail, cost wasn't an issue for buyers. Yet there are signs these trends are shifting, positioning some assets for more activity in 2018.