The Housing Industry’s Mixed Reactions to New Eviction Moratorium

first_img in Daily Dose, Featured, News  Print This Post The Best Markets For Residential Property Investors 2 days ago The Housing Industry’s Mixed Reactions to New Eviction Moratorium   September 2, 2020 1,693 Views About Author: Christina Hughes Babb The Best Markets For Residential Property Investors 2 days ago 2020-09-02 Christina Hughes Babb Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Demand Propels Home Prices Upward 2 days ago Christina Hughes Babb is a reporter for DS News and MReport. A graduate of Southern Methodist University, she has been a reporter, editor, and publisher in the Dallas area for more than 15 years. During her 10 years at Advocate Media and Dallas Magazine, she published thousands of articles covering local politics, real estate, development, crime, the arts, entertainment, and human interest, among other topics. She has won two national Mayborn School of Journalism Ten Spurs awards for nonfiction, and has penned pieces for Texas Monthly, Salon.com, Dallas Observer, Edible, and the Dallas Morning News, among others. Previous: CDC Orders Temporary Halt to Residential Evictions Next: U.S. Senate Banking Committee Requests Clarity on Cryptocurrencies Related Articles Sign up for DS News Daily The Week Ahead: Nearing the Forbearance Exit 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Subscribe Home / Daily Dose / The Housing Industry’s Mixed Reactions to New Eviction Moratorium   Share Save Demand Propels Home Prices Upward 2 days ago Servicers Navigate the Post-Pandemic World 2 days ago Governmental Measures Target Expanded Access to Affordable Housing 2 days ago Data Provider Black Knight to Acquire Top of Mind 2 days ago Many in the housing industry are reacting to an announcement Tuesday that the Trump administration, by way of the Center for Disease Control and Prevention (CDC) and the Department of Health and Human Services (HHS), has put a new conditional eviction ban in place, effective immediately.  The order follows President Trump’s early-August Executive Order, which directed the CDC to “evaluate whether temporarily halting evictions for failure to pay rent would be reasonably necessary to prevent the further spread of COVID-19. The CDC has concluded that such a temporary ban on evictions would be an effective measure to prevent the spread of Covid-19.” “In the context of a pandemic, eviction moratoria—like quarantine, isolation, and social distancing—can be an effective public health measure utilized to prevent the spread of communicable disease,” the CDC stated in writing. “Eviction moratoria facilitate self-isolation by people who become ill or who are at risk for severe illness from COVID-19 due to an underlying medical condition.”  Initial reports noted that the rule potentially would be subject to pushback from property owners. Some landlords already have been fighting eviction bans at a state level.  Administration officials have said that it will be up to local courts to adjudicate eviction filings, but that the federal order should protect all tenants who qualify for the program should they face judicial proceedings. Housing advocates immediately began reacting to the news. Most commended the action, while adding that more needs to happen in order to protect both landowners and renters.  National Association of Realtors (NAR) stated “appreciation and support of administration efforts to ensure struggling Americans can remain in their homes.” But NAR President Vince Malta went on to say that “this order as-written will bring chaos to our nation’s critical rental housing sector and put countless property owners out of business.” “Any eviction moratorium must also come with rental assistance for property owners, the vast majority of which are mom-and-pop investors and are still required to meet their financial obligations even as they cease to receive income on their properties,” Malta said. “NAR strongly encourages Congress to pass immediate legislation that would instead provide emergency rental assistance programs directly to housing providers.” The National Multifamily Housing Council released a statement expressing dissatisfaction “that the Administration has chosen to enact a federal eviction moratorium without the existence of dedicated, long-term funding for rental and unemployment assistance.” Not only does an eviction moratorium not address renters’ real financial needs, they said, but also a protracted eviction moratorium does nothing to address the financial pressures and obligations of rental property owners.  “Without mortgage forbearance protections and protections from other property-level financial obligations such as property taxes, insurance payments, and utility service, the stability of the entire rental housing sector is thrown into question.” The NMHC added that it is best left to state and local officials who better know their housing markets and can tailor protections to the varied and unique eviction laws and judicial processes across jurisdictions. To that last point, the CDC stated that the eviction ban will “allow State and local authorities to more easily implement stay-at-home and social distancing directives to mitigate the community spread of COVID-19.” National Housing Conference President and CEO David M. Dworkin said the order “does a good job of explaining in great detail why we must address this growing crisis.”  “Unfortunately, it does nothing to solve it,” he added. “It merely kicks the problem down the road to January, when the weather will be colder and more people will be experiencing even greater crisis.”  The federal halt on evictions will be in place until December 31. Data Provider Black Knight to Acquire Top of Mind 2 days agolast_img read more

Manchester United’s Revenue Drops by Nearly 12%

first_img* Third behind Barcelona, Real Madrid in Football Money LeagueManchester United’s revenue fell by nearly 12% in the six months to December, largely because of the club’s absence from the UEFA Champions League.Broadcasting revenue fell by 33.4% over the period, although commercial revenue rose by 6.5% and match-day revenue remained largely the same. For 2020, the club expects its total revenue to be between £560m and £580m.Ed Woodward, the team’s executive vice-chairman, said the team had made “progress on our squad rebuild”.He added that the players the club had signed and others who had come through its academy had put in place “the foundation for delivering the long-term success that we are all working towards”.The club’s total revenue for the six-month period was £303.8m. The drop in broadcasting figures was not a surprise, given the club’s absence from the Champions League.However, Mr. Woodward hopes that will be put right next season, adding: “We are pushing for a strong finish in the Premier League, the Europa League and the FA Cup as we enter the final third of the season.”For the year to July 2019, the club announced a record revenue figure of £627m – a figure that saw it drop to third, behind Barcelona and Real Madrid, in the annual Deloitte’s Football Money League.The club’s figures also revealed a rise in the number of employees at the end of last year to 979 from 937 the previous year.Share this:FacebookRedditTwitterPrintPinterestEmailWhatsAppSkypeLinkedInTumblrPocketTelegramlast_img read more

Company to use virtual reality for housing tours

first_imgMosaic Student Communities, the property management arm of Mosaic Investment Partners, has opened its first virtual reality lounge to facilitate tours of its houses in local neighborhoods for USC students. The company manages properties throughout University Park; and its offices are located on Hoover Street.The use of virtual reality has become increasingly popular among real estate firms, as well as at college campuses across the nation. According to Mosaic, this is the first time that USC students will interact with the technology to tour prospective housing near campus. The VR lounge allows students to tour homes by wearing goggles, navigating through the homes by using handheld remote controls. Once the goggles are on, students will be able to look around and see an exact simulation of the properties. “One of the things that we’ve realized is that actually touring all of the houses is intrusive,” said Troy Dodgion, Mosaic’s director of operations. “People don’t like to have people come in and look at their house all the time during leasing season.” The remote controls are easy to use and allow students to walk up and down stairs and into a variety of rooms in the house, instead of having to attend an in-person tour.“Also, [walk-in tours are] really time consuming — applicants have to come to the Mosaic house first and then we have to drive them around to look at the six or seven houses that they want to see,” Dodgion said. “This way, they’re able to come in here and look at some of the houses to get an idea of what they’re looking for without us bothering the tenants and the incoming residents. They get an opportunity to see a wider range of houses and get to pick one that’s the best suited for them before we actually go out and start looking at the physical houses.” Mosaic paired up with Transported, a company based in Santa Monica that films all of the virtual reality footage. It also uses a virtual reality system called Oculus Rift to create the tours, which Dodgion describes as the “highest-end VR equipment that’s out there,” according to their website So far, Mosaic has applied the technology to around eight of its Victorian-style homes. Not only does it aim to eventually implement virtual reality to tour for its whole housing portfolio, but it is also always looking to acquire new properties for students to rent. The company aims to renovate poorly maintained homes and homes in need of development, and it manages a variety of homes at Cal Poly Pomona and UC Berkeley.Mosaic Student Communities will host a launch party on Nov. 9 from 6 to 9 p.m. to celebrate and reveal its new lounge and services.last_img read more

ESB STAFF WORKING TO CONNECT 110 HOMES LEFT WITHOUT POWER

first_imgESB repair crews are working to reconnect 110 homes in Co Donegal this evening.Customers in several townlands outside Ballybofey are affected, mainly in Bindoo, Tonduff and Gortiness.ESB staff say they hope to restore power by 7pm. Meanwhile thousands of homes in the State, mainly in Munster and Leinster, have lost power due to lightning strikes. ESB STAFF WORKING TO CONNECT 110 HOMES LEFT WITHOUT POWER was last modified: July 24th, 2014 by John2Share this:Click to share on Facebook (Opens in new window)Click to share on Twitter (Opens in new window)Click to share on LinkedIn (Opens in new window)Click to share on Reddit (Opens in new window)Click to share on Pocket (Opens in new window)Click to share on Telegram (Opens in new window)Click to share on WhatsApp (Opens in new window)Click to share on Skype (Opens in new window)Click to print (Opens in new window)last_img read more

Connect

first_imgShare Facebook Twitter Google + LinkedIn Pinterest By Dan MillerProgressive Farmer Senior EditorHenderson Farms put two John Deere 1795 planters out into its north Alabama fields this spring mounting RTK guidance systems. “When you’re pulling the planter on a drawbar with a pin, and the GPS unit is centered over the tractor, you get some planter drift,” said Stuart Sanderson, who farms in partnership with his uncle, Mike Henderson, Mike’s son, Chad, and Jackson, Chad’s son.Their purpose is to have the planter communicate with the tractor. Essentially, the planter takes over guidance to control drift. “It gives you absolute straight rows,” Sanderson said. “We want every plant to be the same distance apart in the row and equal distance from row to row.” There is a 10 to 15% reduction in ear quality from the effects of drift.That Henderson Farms was able to execute its corn-management fine-tuning is due to the RTK (Real-Time Kinematic) units, aerial photography by drones that recorded the narrow rows and careful record-keeping.MAKE IT ACTIONABLEAgriculture in 2019 America is about data — data collection, analytics and actionable uses. “The biggest challenge we have is not the data itself,” Sanderson said, “but it is managing, analyzing and reacting to data with real-time feedback. Can you address the anomalies you see in the field [in season]?” Sanderson believes he can, and the drone might be one tool that makes it possible. Last summer, Sanderson flight-tested the Quantix drone system from AeroVironment.“Within a few minutes of its landing, I’m looking at data,” he said. “Within a few more minutes, I can make changes to our irrigation system, whether it be adding more nitrogen or micros, or back the pressure down where it looks like nitrogen may have leached.” Some analysts put the agricultural drone market at $1 billion within five years.Digital analysis is not new to agriculture. John Deere recently celebrated 25 years of precision agriculture — yield documentation was its beginning. What is changing is the ability to wirelessly pull an immense pile of data points from a farming operation, analyze it and act upon it, all with the power of a handheld tablet or cellphone.“It’s been like watching a [growing] wave in the ocean,” said Leo Bose, Case IH AFS (Advanced Farming Systems) marketing manager. “Five years ago, we began to see this craving for data. [Farmers] wanted to see where machines are in the field. Now, they want to look at yield data, as-planted data, as-harvested data, and make correlations between those [measures] and inputs.”Data can discover inefficiencies, for example, finding mismatches between labor and field operations. “If I have three or four combines out in the field, I know I have three or four operators with different skill levels. AFS Connect looks at that to provide a deeper level of information about them,” Bose said.END GOAL IS REPLICATIONYield is not an end goal in and of itself. Profit per acre and replication of outcome are the brass ring.“This technology only works for those who can make use of it — those who can deal with a huge amount of information and analyze it to make better farm-management decisions,” said Terry Griffin, ag economist at Kansas State University. “Our studies indicate that only about 15% of farmers are capturing that value.” Griffin bases his estimate on annual reports from 660 farmers who participate in the Kansas Farm Management Association.Matt Danner farms in western Iowa, near Templeton. He collects reams of data. “We’re so data rich, and yet, we’re so information poor,” he said. “We plant the same hybrid across several farms in dozens of different moisture levels, different heat unit, planting dates, elevations, and then we collect the various yields and test weights,” he said. “Tell me something about all that. Tell me five things about that hybrid in those varied conditions that I can use next year.”Danner hunts for more refined data that’s clean of garbage from the field. “Do we need more granularity in what we already have, or do we need smaller bits of clean data still not collected today to create a better picture? Maybe the missing link is still missing.”Alex Purdy, head of John Deere Labs, in San Francisco, said digital tools when connected with smart equipment and well-designed analytics will bring greater profitability and sustainability to farmers. But, there are hurdles, he adds. “How do we get customers connected? How do we make sure data comes off a piece of equipment? But, more importantly, how do we make sure that intelligence gets back onto a piece of equipment? How do we automate an experience?” Purdy points to artificial intelligence (AI). “AI will transform agriculture,” he said.TECHNOLOGY LAUNCHEDCase IH said its new model-year 2020 AFS Connect Magnum series tractor represents the manufacturer’s largest technology launch in 10 years. The AFS Connect Magnum is purpose-built for digital interactivity.The AFS Connect Magnum wirelessly sends and receives farm, fleet and agronomic data. Operator and manager can converse to make live, in-field adjustments.Of note is the pair of cameras mounted in front and back on the Magnum. Today, they provide a live image of space around the Magnum. Tomorrow, cameras might push images back through the Cloud to distant managers who interpret ongoing field operations by clod size, who use imaging to decipher plant health or who use cameras to operate the tractor remotely.“These are the options for which we have to create capabilities we don’t have to today,” Bose said. “But, the [cameras may] allow us to bring technologies into the AFS Connect Magnum that are the eyes in the air and the eyes on the ground.”Case IH’s parent company, CNH Industrial, uploaded a video in 2016 that shows sleek autonomous tractors conceived by CNH Industrial’s Innovation Team (see https://bit.ly/…). “We set out to take technology in a different direction that would allow farmers to integrate new technology into existing fleets and give them access to real-time data wherever they are,” CNH explained in its video. The driverless tractors were filmed on a farm in Kentucky.Today, Case IH positions AFS Connect Magnum as a communications hub. “It’s AFS. Connect. Magnum,” Bose said. “There are three pillars there that bring this together. The connect nomenclature is in the center.” In essence, a connected tractor produces information in real time and affecting real-time decisions, he said.DOING WHAT IT WON’TIn its partnerships with 100 connected software companies, Deere is looking for a total customer solution connecting customers with tools Deere will never build.“How [can] they build solutions that help [farmers] go from good farmers to great farmers through the data and integration that’s possible in this digital ag ecosystem?” asked Kayla Reynolds, John Deere Intelligent Solutions Group, digital business development manager of Deere’s connected partners.“Analysis and decision-making is what people think about when it comes to data. Why do I get the data?” said Jeremy Leifker, John Deere Operations Center solutions manager. “Can you imagine what could be done to affect the yield outcome with better information a month after planting, [how] things could be affected to produce a better outcome?”UNDERSTANDING VARIABLESJamie Blythe, Town Creek, Alabama, is looking for rifle shots — data that generates savings or income in real time. Blythe manages her farm by management zones, accounting for varying soil types. No-till and cover crops affect organic matter and fertility across those zones.Blythe uses AgDNA to act on the variables. Was the planting speed too high? Seed populations too low? She uses AgDNA to interpret test strips to understand how five years of yield data will improve the outcome of the 2019 crop. AgDNA includes functions for record-keeping, equipment, agronomics and finance, and others.“We want to get better every day, every week,” Blythe said. “I want to analyze those yields and make the planting decisions” in a time and in space that allows the data to be useful.Jonathan Riley, Fuse product marketing manager with AGCO Corp., suggests producers control the data flood by asking the questions that move you toward your goals. “I can give you 30 columns of data on an Excel spreadsheet, and it’s not going to give you anything,” Riley said. “So, is it big data or right data? Will a system give you a single big answer or a series of answers that, step-by-step, leads to a solution?”CONTROL COSTSKnopf Farms, Gypsum, Kansas, works to lift benefit from the data it collects. “Our two biggest input costs are seed and fertilizer, so we’re trying to optimize these in order to maximize profits,” said the farm’s agronomist, Garrett Kennedy. “We’re using aerial imagery during the growing season to check on management decisions we make.”Satellite imagery fine-tuned sidedress nitrogen applications. “We had a hot, dry year, so we’re tempted to cut back on that nitrogen application; but the imagery indicated that most of the field was doing fine, so we were more comfortable making that additional investment,” Kennedy said.“Ease of interpretation is important,” agreed Matt Olson, John Deere product marketing manager. “Customers want to do more with data, with most finding themselves limited on time to do so.”Deere is deliberately moving data management away from the confines and the data-limiting cables of the desktop computer.“Data used to be an activity reserved for a desktop computer in their office, but that doesn’t work anymore,” Olson said. “Farm managers are more likely to manage their operation from the seat of a truck, combine, tractor or sprayer than their office.” Deere’s MyOperations app gives managers a portable option to monitor completed field operations and determine productivity from their seeding, application, harvest and tillage work, he said.This winter, Deere released a video named Farm Forward With John Deere [see https://bit.ly/…; see https://bit.ly/… for the 2012 version]. At just under four minutes, Deere’s video proposes a vision of technology where voice, wireless and real-time analysis perform a smooth digital dance.THE “BOYS”From a transparent tablet, viewers see weather scans, topographical maps indicating flood zones and drainage patterns. There is a reference to the “boys.” The boys are seemingly hovering sprayers that are “working where we can’t.” And, the video introduces Kate, who is monitoring the farm from an office in an unidentified city. She is “looking at the latest” from her family’s agronomist and assures her brother (or maybe her husband) that the newest prescriptions will make Dad “feel better.” Agronomic, market and mechanical information move to heads-up displays in equipment. Handheld scanners examine individual corn plants.Deere’s Leifker offers this vision. “When our machine comes to the field, it knows what it should be doing, the operator hits the ‘go’ button, and it executes. That’s the path we’re on.”AGCO’s Riley foresees technologically advanced farms will soon include a technology manager — someone who is adept at converting raw data to new dollars.“This is an exciting time in agriculture,” Riley said, “as we find new ways to connect farmers’ machines, no matter the color, to do it in a way easy for all to operate.”**(Sidebar)Intelligence From AboveBy Dan MillerProgressive Farmer Senior EditorWithin a few years, there may be thousands of drones gathering images over American farm fields and groves. There is much to learn.“Much like other innovative technologies, we are only scratching the surface of aerial imagery and data analytics,” said Brad Carraway, director of product marketing for AeroVironment, located in Simi Valley, California. AeroVironment launched its Quantix drone into the ag market a year ago.“We deliver the actionable intelligence that today’s growers need to drive their business forward and maximize every acre,” said Jeff Rodrian, who leads Commercial Information Solutions for AeroVironment.ONBOARD IMAGINGQuantix is a VTOL hybrid fixed-wing drone with fully automated vertical takeoff and landing, and horizontal flight. Quantix can survey up to 400 acres per 45-minute flight. It flies with two onboard 18 megapixel true color and multispectral cameras. Its true color camera has a resolution down to 1 inch on the ground and multispectral at 2 inches captured at an altitude of 360 feet. Onboard processing delivers “Quick-Look” true color and NDVI (normalized difference vegetation index) imagery on the included operating tablet as soon as the drone lands.Quantix is integrated with the AeroVironment Decision Support System (AV DSS) data analytics platform that performs detailed image processing and analysis, delivering high-resolution true color, NDVI, GNDVI (green normalized difference vegetation index), canopy coverage and an anomaly layer. Images provide insight into plant emergence, vegetative health and resource management. The company recently announced new enhancements:— Variable Rate Layer. Creates georeferenced application maps to help more efficiently create prescriptions with more geospatial resolution for use with variable-rate controllers.— Connected to John Deere Operations Center. With single-click data transfer, variable-rate maps can be easily exported from AV DSS into the John Deere Operations Center. Operations Center users also can import field boundaries into AV DSS to create georeferenced locations for Quantix flights.— Quick Resolution Imagery. In areas with slower internet connection, users can select quick resolution imagery, decreasing total upload and processing time by 50%.— Plant Count Beta Trial. Utilizing machine learning and advanced image recognition algorithms, this is a no-cost, on-demand data product currently in test for 2019 that provides growers with stand counts and plant emergence.For more product and pricing information, visit www.avdroneanalytics.com.**Editor’s Note: Larry Reichenberger contributed to this article.(AG)© Copyright 2019 DTN/The Progressive Farmer. All rights reserved.last_img read more

The Unheralded Usefulness Of Thaddeus Young

The Minnesota Timberwolves finalized an agreement Saturday to ship All-Star power forward Kevin Love to the Cleveland Cavaliers for Andrew Wiggins, the No. 1 pick in June’s NBA Draft.This was no surprise, given stories this month about a verbal agreement between the clubs, but the details of the transaction are much clearer now — including the presence of a third team, the Philadelphia 76ers, in the deal. The Timberwolves not only snagged Wiggins and 2013 No. 1 overall selection Anthony Bennett from Cleveland, but also former 76er Thaddeus Young to help ameliorate the loss of Love.A veteran who was stranded amid Philadelphia’s ongoing franchise overhaul, Young has been the subject of countless trade rumors over the past several seasons. It’s a fact that speaks as much to his on-court usefulness as his reasonable contract (he’s still owed $19.4 million over the next two years, although he can opt out before the 2015-16 season). Because he has played for usually mediocre Sixers teams throughout his career, largely coming off the bench during the team’s most successful stretch of 2010-11 and 2011-12, Young has remained under the radar nationally. But while he’s no Love, Young has quietly been a decidedly positive presence throughout his NBA career, and — as Yahoo’s Dan Devine put it — a darling among “a certain segment of NBA obsessives.”In 2012-13, Young’s best statistical season, he scored with versatility and efficiency, ranking above the 75th percentile of all players (according to Synergy’s points per play metric) on both transition and half-court opportunities, which fueled a top-20 finish among qualifiers in effective field goal percentage. And though he only used an average percentage of Philadelphia’s possessions during his time on the court — Young has never been a huge scorer — he made his presence known in other ways, rebounding well for a non-center and playing above-average defense against multiple positions (both by adjusted plus/minus and Synergy’s metrics).When at his best, the only major holes in Young’s game are his passing and lack of shooting range. That combination can be limiting in a league increasingly focused on small-ball skills from its big men, but Young is good enough in other areas to make himself a useful part to a good team. And although it seems like he’s been in the NBA forever, Young will be just 26 years old next season. While his 2013-14 season wasn’t as good as the one that preceded it — Young’s offensive efficiency buckled under the strain of a larger role, while his defense and rebounding also slipped — it’s tough to judge a down year too harshly when it comes on a team that lost 63 of its final 79 games. Young still garnered positive plus/minus marks at both ends of the court despite the trying campaign.In Minnesota, Young will be part of another rebuilding project, and the popular prognosis is that the new-look Timberwolves, sans Love, will struggle in 2014-15. (For what it’s worth, though, our rough projection system suggests Minnesota — with Young — would be better than the ESPN Forecast’s 26-win projection.) Young probably deserved a better fate, but his skill set and still-in-his-prime age means he’ll either help a fledgling Wolves team buck those odds, or he’ll be sought-after in next summer’s free-agent market. read more

Howe vows to work on defensive lapses

first_imgBournemouth boss Eddie Howe has vowed to fix the defensive problems in his team after their 3-1 home defeat to Brighton in the third round of the FA Cup on Saturday.The Cherries have now conceded 15 goals in four games including the latest against the Seagulls from Anthony Knockaert, Yves Bissoume and Florin Andone who all found the net.Marc Pugh grabbed the hosts solitary strike in the tie which only proved scant consolation as the Cherries slumped out of this year’s cup.“These games always swing on small moments, and the chance that came our way that we missed just before the goal was key,” Howe disclosed to Sky Sports.Eddie Howe pleased with attacking poise, but feels Wilson was too honest Stuart Heath – August 25, 2019 A.F.C Bournemouth manager Eddie Howe felt as though his striker Callum Wilson was too honest against Manchester City and may have won a penalty,…“We haven’t maximised our chances, and we’ve been easy to score against recently, and that must change.“We’ll go away on the training ground and try to put that right now.”Up next for Howe’s men is a trip to Merseyside to face Everton.last_img read more