The apartment sector has enjoyed the strongest and most consistent recovery since the recession. One fallout from the housing bust was a massive decline in homeownership, resulting in a surge in apartment absorption, as people shifted from owning to renting. The surge in demand resulted in plummeting vacancies and surging rents, even as demand in other property segments struggled in the face of the sluggish economic recovery, whetting investor appetite.
Read more...Apartments Priced to Perfection | GlobeSt.com
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