What’s in store for rental real estate markets? Up? Down? Or Sideways?
A serious lack of apartments will probably result because of the anaemic pace of multifamily rental house construction, reported by industry analysts. New multifamily construction has been crippled by the 2009 credit debacle, leaving the industry unable to gear up for the multiplied need for market-rate and cost effective apartments that is anticipated to accompany economic recovery starting the coming year.
Why would you would like to stay in an apartment anyhow when you might own your own apartment instead?
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