A report from Bloomberg on New York. "Apartments in Manhattan’s Financial District aren’t exactly trading like blue chips on the nearby New York Stock Exchange. After a spurt of construction aimed at foreign buyers, whose numbers are dwindling, and finance workers, who have seen many of their jobs move uptown, the area is plagued by oversupply."

"Financial District apartment inventory grew 24 percent from a year earlier in the second quarter, led by new developments, according to a report by Corcoran Group. With all that supply, the average price for resale condos dropped 11%, and average new development prices fell 46%. No previously owned condo was sold for more than $1,600 a square foot, the first time that’s happened since 2013."

"Meanwhile, the construction downtown continues. More conversions also are in the works. 'Buyers are keenly aware of the amount of inventory available, and want to negotiate at all price points,' said Garrett Derderian at the brokerage Core."

The Auburn Villager in Alabama. "Auburn Mayor Ron Anders voiced his concern over student housing in the city during last week's City Council meeting. Over the past several years, a number of large student-housing projects downtown have come online, with more opening this fall, one more under construction and another in the early phases of demolition. Once the projects are all online, about 2,900 bedrooms will have been added to the city's student-housing inventory."

"'Considering what we could be facing, I believe we’ll have to consider all options and ultimately the council will have to make a decision,' said Anders. 'But I don’t think it’s in Auburn’s best interest for us to just continue to allow large-scale student housing to be built in Auburn if the numbers show that we don’t need it.'"

The South Bend Tribune in Indiana. "Take a drive through the neighborhoods around the University of Notre Dame campus and you can see a potential problem on the horizon. Hundreds of new apartment units — in the form of large complexes and town homes — have come on line over the past decade as local and outside investors have sought to capture a piece of the student-housing market."

"With vacancies already prevalent, landlords are a bit on edge. 'There’s been a big boost in supply in recent years,' said Mark Neal, chief operating officer of the Bradley Co., which manages the 100-unit Stadium Club Apartments."

The Berkeley Daily Planet in California. "There are two crises facing the Bay Area. Supposedly. One is a crisis of homelessness, which is the economic production (through inflation and rent increases) of people who cannot afford housing, because they are priced out and are left to sleep on sidewalks and parks. The other is a crisis of affordable housing."

"There are entire apartment buildings in Berkeley that are empty – closed to occupancy and unused for years. And the government cannot open them. In addition, there are now large, brand-new apartment buildings, built over the last few years, that are still not fully rented. They have 'Now Leasing' and 'For Rent' signs on them, which means there is a glut of market rate housing."

The Dallas Morning News in Texas. "Here's some good news for Dallas-area apartment renters — you're more likely to get freebies to sign that lease. Apartment deals often include a month's free rent, gift cards or other enticements. Three of Texas' big city markets are among the top places in the country for apartment concessions, according to RealPage."

"Houston, San Antonio and Dallas have all seen thousands of new apartments built during the last few years. 'Dallas has been the nation's busiest market during the cycle, seeing nearly 125,000 units deliver, increasing the large existing base by 24.6%,' according to RealPage."

From AZ Big Media in Arizona. "RENTCafé just released its July Rent Report where it analyzed the evolution of monthly Arizona rents, along with the rents in 260 United States cities. Average rents in Arizona have seen month-over-month decreases across the board as the rental season is slowing down. Multifamily rent increases are slowing down across the U.S. Only eight out of the 260 cities in the RENTCafé study saw month-over-month jumps of more than 1%."

From News 5 Cleveland in Ohio. "Even with new apartment projects popping up all over downtown Cleveland, many of them are being advertised as 'luxury living,' and they come with luxury prices. SEIU Local 1 janitor Brian Yarbrough says he and many of his co-workers have to live outside downtown even though many of them keep the buildings there clean."

"'They're probably working close to downtown, but I guarantee you, they're not living downtown because it's too expensive,' said Yarbrough."

From Travel Weekly on Hawaii. "While those with vacation plans farther out have time to adjust, people planning to visit the Aloha State in August and September have had to scramble as numerous accommodations have been taken out of the rental pool. Don Eovino, an Oahu resident who operates vacation rentals, said he still has some legal units but has had to scale back his business and plans to reduce staff for maintenance, cleaning and other duties."

"'My feeling is that for the most part, things have been operating fine for 30 years and it's only recently that the hotels have made a lot of noise about it,' Eovino said. 'I understand some people don't want it in their neighborhood, but I think that is mostly because of some bad actors. It could be better regulated and controlled properly.'"