Milwaukee Is One of America's Most Cutthroat Rental Markets
About 90 miles north of Chicago on Lake Michigan is Milwaukee, Wisconsin's largest city, with a population of just under 600,000. It's more than just a beer and cheese town. Rich in diversity, culture and intellectual curiosity, Milwaukee today has big city energy without big city hassles, except in at least one notable way: It's one of the U.S's most competitive cities for renters, according to RentCafe, an apartment search website. At the start of 2025, Milwaukee's rental units were 94% occupied, with 70.1% of renters renewing leases and eight renters competing for each apartment, says Doug Ressler, a business intelligence manager and senior analyst with Yardi Matrix, a division of Yardi, RentCafe's parent company. Suzanne Powers, broker-owner of Milwaukee-based Powers Realty Group, Inc. says, 'You might not think of Milwaukee as being hot, hot, hot, but that is what its housing market is right now.'
There are good employment opportunities, including with Fortune 500 companies such as Northwestern Mutual, Fiserv and Rockwell Automation and in emerging industries, such as water technology. Cost of living is relatively low, though a trade-off could be some cap on top-end income. Suburbs close to downtown have excellent public schools.
Try Our AI Features
Explore what Daily8 AI can do for you:
Comments
No comments yet...
Related Articles
Business Journals
an hour ago
- Business Journals
MarineMax opens South Florida marina
MarineMax more than doubled its marina footprint through the acquisition of Fort Lauderdale-based Island Global Yachting in a $480 million deal in 2022. IGY added a portfolio of 23 marinas in hot yacht destinations in the Americas, the Caribbean and Europe. The company also expanded MarineMax's yacht management platform and superyacht services capabilities.
Yahoo
an hour ago
- Yahoo
5 Reasons Amazon Is Still the Alpha in Tech Stocks
Benzinga and Yahoo Finance LLC may earn commission or revenue on some items through the links below. Despite implementing job cuts, Inc. (NASDAQ:AMZN) continues to outshine other tech stocks. The Seattle-based company's high-growth segments—from AWS cloud services and digital advertising to ambitious ventures like Project Kuiper's satellite internet—fuel steady expansion. Backed by cutting-edge investments in artificial intelligence and robotics, Amazon drives operational efficiency and unlocks new profit opportunities. Here are five factors to consider: Don't Miss: Maker of the $60,000 foldable home has 3 factory buildings, 600+ houses built, and big plans to solve housing — you can become an investor for $0.80 per share today. Invest Where It Hurts — And Help Millions Heal: Invest in Cytonics and help disrupt a $390B Big Pharma stronghold. Market Leadership: Amazon, regarding U.S. e-commerce, had an estimated market share of 37.6% in 2025. It far outpaces competitors like Walmart, which holds about 6.4%, according to data from Analyzify. Amazon's dominance is also reflected in its vast customer base of over 310 million active customers worldwide. Diversification: Amazon's business model has multiple high-growth business segments, including cloud computing services through AWS, e-commerce, subscriptions, and digital advertising. Amazon also has the Project Kuiper division. This segment will deploy a low-Earth-orbit satellite constellation that will provide broadband internet access to underserved and unserved communities. Profit Margins: The company's high operating margins expanded to 11.8% in the first quarter of 2025. That's up from 10.7% in the prior-year quarter. Amazon also continues to grow in its most high-margin areas like AWS and advertising. Innovation Pipeline: Amazon invests in new technologies like AI and robotics in order to drive efficiency and expand profit margins. The company recently launched a new agentic AI team to build an agentic AI framework specifically for robotics and already has an agentic AI team in its AWS division. Last week, analysts at BofA Securities named Amazon as a leader in AI and robotics which they see further improving the tech giant's profitability. Analyst Sentiment: Most analysts are bullish on Amazon and its stock frequently appears on firms' "Best Ideas" lists – reserved for stocks with a combination of strong fundamentals, growth potential, competitive advantages or unique catalysts that set it apart from other stocks in the market. Amazon's three most recent analyst ratings from JPMorgan, Bank of America Securities and Tigress Financial have an average price target of $264.33, representing potential upside of 21.9% from current levels. Read Next: In terms of getting money back, these bank accounts put traditional checking and savings accounts to shame. Maximize saving for your retirement and cut down taxes: Schedule your free call with a financial advisor to start your financial journey – no cost, no obligation. Image: Shutterstock This article 5 Reasons Amazon Is Still the Alpha in Tech Stocks originally appeared on Error in retrieving data Sign in to access your portfolio Error in retrieving data Error in retrieving data Error in retrieving data Error in retrieving data
Hamilton Spectator
2 hours ago
- Hamilton Spectator
Defence spending boost can only go so far to lessen U.S. reliance: experts
MONTREAL - In early 2002, Glenn Cowan touched down in Kandahar province as part of the first wave of regular Canadian Army troops deployed to Afghanistan, serving in a U.S.-led brigade combat team. After joining Canada's elite special operations unit Joint Task Force 2 in 2003, he spent the next 13 years collaborating with American soldiers on raids, rescues and reconnaissance missions. 'If you're going to get into a fight with someone, you want the Americans on your side,' said Cowan, founder of ONE9. His Ottawa-based venture capital firm focuses on national security investments. The same might be said of the gear Canadian troops use, and the industry behind it. An infusion of fresh defence funding is poised to flood parts of Canada's aerospace, manufacturing and information technology sectors in a bid to reduce reliance on the United States, but experts say this country will remain firmly fastened to its neighbour as a military-industrial partner by necessity. While not a military powerhouse, Canada has expertise in areas ranging from flight simulation and shipbuilding to armoured vehicles and artificial intelligence. The $9.3-billion in additional defence spending announced by Prime Minister Mark Carney on Monday is poised to boost those sectors, with the goal of greater procurement from domestic companies. 'We're too reliant on the United States,' Carney said. 'We will ensure that every dollar is invested wisely, including by prioritizing made-in-Canada manufacturing and supply chains. We should no longer send three-quarters of our defence capital spending to America.' But a massive cash injection means Canada will have to scale up fast, including via foreign suppliers, said Jim Kilpatrick, in charge of global supply chain and network operations at Deloitte. 'Defence supply chains can often go 10 or 11 tiers deep,' he said, stressing their complex international reach. 'Canada will not be self-sufficient in defence products required by our military.' The country's relatively small production capacity means it will continue to shell out money on American equipment, technology and aircraft, including 88 U.S.-built F-35 fighter jets at a cost of tens of billions of dollars, experts say. However, some of that spending will go to American military giants that have a big presence on Canadian soil, even if the profits end up in pockets south of the border. General Dynamics churns out light armoured vehicles bristelling with turreted mortars and assault guns in London, Ont., as well as tactical communications systems in Ottawa. Lockheed Martin works on 'advanced technology systems' such as naval command software in five provinces. Defence contractor Raytheon counts 8,500 employees and 2,500 suppliers in Canada. 'The wider Canadian economy features a lot of branch plants,' noted David Perry, CEO of the Canadian Global Affairs Institute. While high-tech weapons and machinery come to mind at the mention of defence procurement, much of the extra funding this year may well go to more mundane items. Housing and infrastructure upgrades for Canadian troops make up some of the biggest priorities for Chief of the Defence Staff Gen. Jennie Carignan, she told Quebec radio host Patrick Lagacé on Thursday. Perry also highlighted the ripple effects of that spending for myriad business types beyond the purely military realm. 'Some of it is done through the big stuff — we think about fighter jets. But a lot of it pays for office furniture, software licenses, electricity contracts, snow removal, grass cutting.' Taking a step back, Perry framed defence investment in terms the prime minister, formerly the head of the Bank of Canada and the Bank of England, could appreciate. 'If you think of our defence relationships as an investment portfolio, the PM is saying we're way over-indexed in the Dow Jones and the S&P,' he said. 'Diversify.' This report by The Canadian Press was first published June 13, 2025.
