Affordable Housing Institute : US

Buried in the typical apartment lease is the resident’s right to ‘quiet enjoyment’ of the premises.  While it doesn’t specifically mean noise (rather, it refers to undisturbed occupancy), as anyone who’s lived in an apartment complex knows, ‘quiet’ is often a precondition to ‘enjoyment.’ 
 

I’m not enjoying your taste in music
 
Noise travels, and it cannot be […]

[Continued from the previous Part 1, Part 2, Part 3, Part 4, Part 5, and Part 6.]
 
As we’ve seen so far in this extended series on the economics of water taking off from Duke law professor Jim Salzman’s article Thirst: A Short History of Drinking Water, since housing is what makes cities, infrastructure – […]

[Continued from the previous Part 1, Part 2, Part 3, Part 4, and Part 5.]
 
As we’ve seen so far in this extended series on the economics of water taking off from Duke law professor Jim Salzman’s article Thirst: A Short History of Drinking Water, since housing is what makes cities, infrastructure – at its most […]

When is an occupied apartment a liability rather than an asset? 
 

O wise one, what apartment occupant is a liability?
 
When its cost of operations is greater than the NOI derived.  Because apartments are occupied by money, not people, this arises only when the collectible rent is below the operating cost.  And because markets always clear, […]