Apr 25, 2025

Week In Review – Rent Collusion, Solar Permits, and Texas Inventory Surge

In this week’s Week In Review episode, Ryan dives into some of the biggest headlines in real estate, from New Jersey’s antitrust lawsuit over rent collusion to the housing inventory surge in Texas and DC and more.

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Episode Overview

In this Week In Review episode of The Land Development Podcast, Ryan reviews the big industry news for the week ending April 25, 2025. We start by discussing New Jersey’s antitrust lawsuit against RealPage and 10 of the state’s largest landlords, alleging that they used the company’s software to artificially inflate rents. The case highlights concerns over algorithmic pricing and its effects on affordable housing.

We then move on to the solar and storage industry, where project permitting has resumed after a 60-day suspension. However, delays are still expected due to staffing shortages within federal agencies and tax credit uncertainties, particularly in states like Nevada. These challenges are putting pressure on the timely development of solar energy projects.

In Texas, the housing market has experienced a surge in inventory, giving buyers more power and lowering home prices. We break down the numbers, with Austin seeing a notable increase in average home prices. However, sellers are facing difficulties maintaining their property values in this shifting market.

Finally, we explore the growing senior housing shortage. As the baby boomer generation ages, the demand for senior living spaces has far outpaced supply. We discuss how high construction costs, labor shortages, and other challenges are contributing to this issue. Additionally, we take a look at how Washington DC’s housing market has reacted to federal layoffs, with inventory surging nearly 47%.

We wrap up the episode with a look at the Trump administration’s potential plan to reduce the size of six national monuments to promote energy development.

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