Home ownership has plummeted since the 2008 recession as costs rise, and Americans lack the necessary savings. Many have turned to renting due to the flexibility and less capital-intensive nature. John Kobs, Co-Founder and CEO of Apartment List, a platform helping renters find a home, joined us to discuss the current state of the rental market.
The company just announced a new partnership with Realtor.com. Kobs breaks down how this collaboration helps connect renters with properties on its platform. Apartment List will be powering all of the rental listings from the multi-family sector on realtor.com.
Earlier this year, Apartment List teamed up with Facebook to get its listings on the social media platform's marketplace. Whenever a property manager advertises on Apartment List, it will also show up on the Facebook marketplace.
As inflation-weary consumers cut back on dining out, brands like McDonald’s are relying more heavily on celebrity and influencer endorsements to move the needle
Plus, Starbucks reported its first quarter of declining sales and earnings since the pandemic, Biden tries to tackle the national debt and Warren Buffett is set to host the annual meeting of his investment firm Berkshire Hathaway.