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Douglas Elliman profits collapse amid slower real estate market

Profits at real estate giant Douglas Elliman fell by nearly 75 percent in 2018, thanks at least in part to a slower residential market, according to the company’s latest earnings report. Douglas Elliman parent Vector Group reported Thursday that the real estate company brought in a net profit of $5.2 million in all of 2018. […]

Universal rent control is here: Will it backfire?

Oregon is officially the first state in the U.S. to pass universal rent control for all tenants. Housing economists who spoke with Inman think the legislation, as written, will have either little or adverse impact on tenants and affordability. Source: click here

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