New York City just froze rent for two years on roughly 1 million apartments. That covers about 40% of the city’s rental supply. On the surface, it sounds like a win for renters. But the policy trades a short-term gain for long-term pain. Why politicians love rent freezes Nobody boos a rent freeze. No politician...
Ken McElroy’s Real Estate Edge
Direct from the desk of Ken McElroy! Your trusted source for up-to-date real estate insights, financial literacy, and actionable investing solutions.
Chris Martenson of Peak Prosperity joined Ken and Danille McElroy for a wide-ranging conversation about debt, oil, inflation, and AI. His core message: the US is at the tail end of a very long credit cycle, and the pressure is building from every direction. Here are the biggest takeaways. The debt problem is bigger than...
The Dollar Is Going Higher, Rates Are Going Lower, And Real Estate Is About To Change Forever
July 7, 20260
Why one macro expert says rates are heading down and the dollar is heading up Interest rates. The dollar. Distressed real estate deals selling for pennies on the dollar. Macro analyst George Gammon joined Ken McElroy and Tarl Yarber for a wide-ranging conversation on where the economy goes next, and his answers were direct. Here’s...
The 21st Century ROAD to Housing Act cleared the Senate 85-5 and the House 358-32. Those are numbers you don’t see in Washington anymore. And for a moment, it looked like the country was finally getting its first serious housing legislation since Ronald Reagan was in office. On Wednesday morning, the White House announced the...
Inflation has been the big story for 5 years. But something is quietly replacing it as the thing Americans are most worried about. Polls now show more people are afraid of losing their job than they are of rising prices. And that shift matters a lot more than most people realize. Here’s the thing about...
Thirty years. Roughly $2 billion in assets. About 10,000 apartment units across the western U.S. When someone with that kind of track record says a window is opening, it’s worth paying attention. And right now, that window is open. How we got here In 2021, money was almost free. Mortgage rates sat below 3%, and...
Every investor wants to know what happens next. Will mortgage rates fall? Is a recession coming? Are home prices going up or down? Which markets will outperform? These questions dominate headlines, podcasts, and social media because predicting the future feels like an advantage. But after decades of investing, many of the most successful real estate...
For years, real estate investors focused on the usual drivers of returns: rent growth, occupancy, financing costs, and property appreciation. Insurance was often treated as a predictable operating expense—a line item that rarely received much attention during underwriting. That assumption no longer holds true. In 2026, insurance costs have become one of the fastest-growing expenses...
The Federal Reserve made headlines this week, and not because they cut rates. In fact, they didn’t cut anything. But what happened at Chairman Kevin Warsh’s first Fed meeting on Wednesday may be one of the most important shifts in how America’s central bank operates in over a decade. The message was clear: the rules...
For the last several years, real estate investors, homebuyers, and economists have all focused on one question: when mortgage rates finally come down, will housing demand return? The conventional wisdom has been straightforward. Higher rates reduced affordability, sidelined buyers, and slowed transaction activity. Therefore, lower rates should naturally bring demand back into the market. But...
