'I Live in Hell': Anti-Growth Fervor Grips US South After Pandemic Boom [BNN Bloomberg (Canada)]
Redfin Corporation (RDFN)
Last redfin corporation earnings: 2/12 04:01 pm
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Source: BNN Bloomberg
homebuilding said she “lives in hell.” So many Californians have moved to the booming state that locals fear their lefty politics migrated with them, and lawn signs target the “greedy developers” they say are swallowing up farmland. Tennessee and several of its neighbors in the US South are facing an anti-growth backlash, after turbocharged migration helped boost the region's population by 2.7 million people — the size of Chicago. As traffic snarls in once-sleepy downtowns, apartment complexes replace meadows and municipal water systems strain under new demand, passions are running high in a way that goes beyond regular nimbyism. In Sumner County, where the Cumberland River snakes through the verdant hills northeast of Nashville, the economy grew by 8.5% a year from 2020 to 2022, putting it in the top 7% of all US counties for growth. The number of apartments in the county seat of Gallatin almost doubled in the four years through 2022, according to property marketplace RentCafe.
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News
- With 56% ownership of the shares, Redfin Corporation (NASDAQ:RDFN) is heavily dominated by institutional owners [Yahoo! Finance]Yahoo! Finance
- Starter Homes Are Affordable to the Typical Black Family in Just 10 Major U.S. MetrosBusiness Wire
- Redfin Reports the Typical Home Is Selling for Less Than List Price, the First Time That Has Happened in Late Spring Since Start of PandemicBusiness Wire
- Homeowners Can Now Use Redfin to Redesign Their Home PhotosBusiness Wire
- Redfin Reports Only 39% of Renters Make Enough Money to Afford the Median-Priced ApartmentBusiness Wire
RDFN
Earnings
- 5/7/24 - Beat
RDFN
Sec Filings
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- 6/20/24 - Form 4
- RDFN's page on the SEC website