What do household formation and apartment supply have in common? MPF Research looked at the relationship between total household growth and apartment supply growth among the top 50 U.S. metros, since the recession. Overall, we found that there is a linear relationship between the two. But by region, clear differences emerge, especially when viewed in light of employment growth over the same time period.
The chart below illustrates the relationships between employment growth, household formation and apartment inventory growth from 3rd quarter 2009 through 3rd quarter 2014.
Read more...Is Apartment Supply Heading to Where Households Are Forming? | Property Management Insider
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