CBRE’s latest U.S. Multifamily Research Brief, Student Debt Woes Feed Multifamily Markets, focuses on how student debt is holding back many Americans from home buying, and prolonging their stay in apartments. But it held a pleasant surprise from a societal viewpoint.
“The percentage of students graduating with student debt is edging down,” Americas Head of Multifamily Research for CBRE|CBRE Research Jeanette I. Rice, told Multi-Housing News. “Everyone—apartment owners alike—would agree that it would be good for the country if the younger generation did not have to take out as much student debt to obtain an undergraduate and/or graduate degree.”
Read more...CBRE: Multifamily Market Benefiting From Student Debt via Multi-Housing News Online