2 ms·

Objectively untrue.

• ethagknight 2y ago
  You want to provide citation or just say you are objective? Look at any major nation-wide multifamily housing market report. Not a crisis. It's just expensive in the most desirable locations. CBRE's headline: Slight Apartment Oversupply Expected in 2024 (oversupply means vacancy drops below the industry target of ~93%) >>The biggest wave of new apartment supply in decades will temper rent growth and improve affordability for renters in 2024. With delivery of 440,000 new units expected in 2024 and more than 900,000 currently under construction, the overall vacancy rate is expected to rise and rent growth to decelerate. https://www.cbre.com/insights/books/us-real-estate-market-outlook-2024/multifamily https://www.cbre.com/insights/books/us-real-estate-market-ou...