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Reflecting on the recent sale of my first investment property, a commercial real estate portfolio that has exemplified diversity and repositioning.

Inflation will be the story of 2022. Inflation will be the catalyst that creates the next story – the Fed’s attempt to gradually increase interest rates to curb the runaway inflation. Both of these will lead to my main prediction of 2002 – increases in rents for both residential and commercial product.

America’s growing affordability housing gap is forcing many people to reassess the traditional single-family home and look at mobile home communities as an alternative.

There is a shortage of more than 7.2 million affordable rental homes for extremely low-income renter households, defined as those with incomes at or below the poverty level or 30% of their area median income. To make matters worse, the lack of affordable for-sale homes drives up rents and increases prices of multifamily investment properties.

My international visitors were very impressed with the response of the Edmond Fire and Police departments, EMSA, and Edmond Animal Control.