In other words, not everyone wants to work in an office, especially those who entered the workforce during the pandemic, and never had to work in an office. On properties, office space in particular, we’re, “at an inflection point driven by COVID, technology, and demographics.” COVID has kept us apart and away from the office, but technology has allowed us to remain productive, while the labor shortage has made businesses take a long hard look at their policies to attract, gain, and keep the talent they need. Depending on how mid-term elections go, the Build Back Better Bill may continue to be picked apart, with no action, and no result. With these fluid dynamics, the future of the Build Back Better Bill remains uncertain. Sesno assessed the political polarization in Congress, which has “never been so divided,” and the expectations for this year’s mid-term elections. In his words, “Putin tore up the rule book, “and his actions are reshaping the balance of geopolitics, the world economy, the price of oil, (roughly 40% of Russia’s economy is based on oil production), and its impact on buildings and energy costs. Frank SesnoĮvent sessions kicked off with political journalist Frank Sesno, who gave us an overview of the political climate in Washington, D.C.

From the potential impact of the war in Ukraine, to the lingering effects of the eviction moratorium, the future of the Build Back Better Bill, and the growing affordable housing crisis, the event’s speakers provided attendees with up-to-the minute updates on the important challenges we currently face. IREM’s annual Advocacy Impact Day, held March 9, 2022, touched on the pulse of public policies impacting the real estate world the most today, right now, in this moment. It’s more than taking a position – it’s about building relationships with key legislators, educating them, and sharing your expertise on critical issues. To effect positive change, we need to advocate for legislation that supports and can advance our industry. These concerns continue to command the attention of our profession.

Even before the pandemic, there were the rules and policies developing over rent control, companion animals, the Americans with Disabilities Act, affordable housing, the SAFE Banking Act, and more. The real estate industry and real estate property? managers have seen some seismic shifts over the past few years. Essential highlights from IREM’s Advocacy Impact Day

Bpo photoflow glassdoor