There’s no doubt: Multifamily is best poised to lead the real estate sector toward a recovery.
Major demographic and global capital transformations unfolding in the wake of the economic downturn are creating a new foundation for the U.S. real estate industry. Consider that America is experiencing a rapid population increase and is expected to swell from 306 million residents in 2009 to more than 400 million by 2050. The majority of that escalation will be absorbed into the nation’s metropolitan areas—the leading hubs for population growth and the engines of the national economy—as the country becomes increasingly more urbanized.
Read more...Multifamily Will Lead Real Estate Recovery - Multifamily, Demographics - Multifamily Executive Magazine