In real estate, just like any other business, there will be good times and there will be bad times.
It’s been pretty clear that we have an affordability crisis and inventory shortage right now, and it has been the case for quite some time. Surely, the city and state governments are doing something about it, right? That isn’t quite the case, as this conversation will tell you. In this episode of REal Talk with Jamie, host Jamie Heiberger Harrison brings in Gary Malin, COO of The Corcoran Group, and Neil Garfinkel, Managing Partner at AGMB LLP, to talk about how the implementation of recent changes in real estate laws are preventing the industry from doing its share to solve the housing crisis. Policies and regulations, like the 2019 rent laws, may not be achieving the intended goals and can lead to unintended consequences. Meanwhile, developers face challenges due to high costs, regulatory hurdles, and a lack of incentives. Tune in and learn what outlook is for the market, where the opportunities lie, and how everyone can pitch in to be part of the solution.
While this may seem like a difficult time to jump into the real estate business, top leaders at Corcoran share their insights on how to make the most of a quiet market.
