According to the Emerging Trends in Real Estate (2016) report of the Urban Land Institute: The upper end of the multifamily housing market is saturated with product, sometimes selling at ridiculously low cap rates. There is substantial opportunity to provide rental housing to “the excluded middle”. Millions of households, priced out of expensive Class A [...]
While many adult Americans continue to desire to own a home, for millions of aspiring homeowners, owning is not an option due to income qualification, home pricing, and restricted mortgage loan accessibility Millennials (a key renter age cohort) make up 75 % of the American workforce The trend toward postponed marriage (today the average age [...]
According to the Joint Center for Housing Studies of Harvard University 2016 State of the Nation’s Housing Report: Rental demand for housing should remain strong for at least the next decade. In total about 36 percent of US households live in rentals representing nearly 110 million people. The inability of supply to keep pace with [...]
