Pricing Amenities—A Case Study: In-unit Laundry in New York City Rentals
Pricing Amenities—A Case Study: In-unit Laundry in New York City Rentals

In this case study, we apply a hedonic pricing model to estimate the value of in-unit laundry in rental apartments on the Upper West Side of New York City. Our analysis finds that apartments with in-unit laundry rent for approximately 15% more than comparable units without. This premium suggests that investing in laundry facilities could yield substantial returns for landlords and developers.

Pricing Amenities—A Case Study: In-unit Laundry in New York City Rentals

In this case study, we apply a hedonic pricing model to estimate the value of in-unit laundry in rental apartments on the Upper West Side of New York City. Our analysis finds that apartments with in-unit laundry rent for approximately 15% more than comparable units without. This premium suggests that investing in laundry facilities could yield substantial returns for landlords and developers.

Gross Cap Rates by MSA
Gross Cap Rates by MSA

Gross cap rate—the ratio of rent to purchase price—remains the cleanest single-metric screen for single-family rental (SFR) strategy. We here calculate that ratio for the largest U.S. metropolitan statistical areas (MSAs), using matched price and rent data for a representative single-family asset.

Gross Cap Rates by MSA

Gross cap rate—the ratio of rent to purchase price—remains the cleanest single-metric screen for single-family rental (SFR) strategy. We here calculate that ratio for the largest U.S. metropolitan statistical areas (MSAs), using matched price and rent data for a representative single-family asset.

Fifty Shades of Growth
Fifty Shades of Growth

America is experiencing a demographic transformation that varies dramatically by state. Our analysis reveals a country increasingly divided not just politically, but demographically—with profound implications for investment, development, and the distribution of economic opportunity.

Fifty Shades of Growth

America is experiencing a demographic transformation that varies dramatically by state. Our analysis reveals a country increasingly divided not just politically, but demographically—with profound implications for investment, development, and the distribution of economic opportunity.

Booming Houston
Booming Houston

Houston is now the fastest growing city in the U.S., outpacing other Sunbelt cities like Phoenix and Atlanta. While international migration plays a key role, Houston notably avoids the domestic out-migration seen in cities such as Chicago and Miami. The demographics of new residents range from young professionals to families seeking affordable housing, highlighting complex migration patterns.

Booming Houston

Houston is now the fastest growing city in the U.S., outpacing other Sunbelt cities like Phoenix and Atlanta. While international migration plays a key role, Houston notably avoids the domestic out-migration seen in cities such as Chicago and Miami. The demographics of new residents range from young professionals to families seeking affordable housing, highlighting complex migration patterns.

Why is Housing so Expensive?
Why is Housing so Expensive?

YIMBYs are riding a wave of policy momentum, as zoning reforms and other tools become increasingly popular tools to address housing affordability. The logic behind these measures is appealing: boosting housing supply should help tame rising prices. But while rezoning can inject new housing stock into urban centers, evidence suggests local income levels are a more significant driver of housing prices than supply. An analysis of household income versus home prices across counties confirms a robust correlation.

Why is Housing so Expensive?

YIMBYs are riding a wave of policy momentum, as zoning reforms and other tools become increasingly popular tools to address housing affordability. The logic behind these measures is appealing: boosting housing supply should help tame rising prices. But while rezoning can inject new housing stock into urban centers, evidence suggests local income levels are a more significant driver of housing prices than supply. An analysis of household income versus home prices across counties confirms a robust correlation.

Approach

We take data and turn it into insights—for real estate developers, investors, and operators.

Data sources

We rely on a diverse set of data—from the Census Bureau to the Bureau of Labor Statistics, HUD, Zillow, to satellite and foot traffic.

Products

Subscribers receive a weekly thematic research article, plus full access to our suite of data reports (rent vs buy metrics, building permits, vacancies, and local area economic data).

Services

We are available for consulting, media, in-person meetings, and conference presentations.

our Mission

Real estate participants are spoiled for data but starved for insight. Home Economics aims to bridge the gap by providing best-in class research and data analytics. We strive to combine the rigor of academic research with the practicality of commercially actionable insights, all presented through a visually compelling design.

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