As we move through the ninth year of our current cycle, I am often asked: when will the good times end for the U.S. multifamily market? And my answer continues to be cautiously upbeat. The best of times may be behind us, but the cycle likely still has legs.
Of course, there are some obligatory qualifiers for that optimism. Most economists continue to project sustained moderate growth; but if a national recession takes root, that changes everything. And gone are the days of a rising tide boosting all segments of the apartment market. Segmentation is the keyword going forward.
Read more...Multifamily Market Outlook: Is There Fuel Left in the Tank? - MPF Research
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