What lies in store for local rental real estate markets? Up? Down? Or Sideways?
July 13, 2010
A serious shortage of apartments will probably result from the anaemic speed of multifamily rental property construction, based on industry experts. New multifamily construction continues to be crippled from the 2009 credit crisis, leaving the industry unable to gear up for the increased need for market-rate and affordable apartments that is expected to accompany global financial recovery starting the coming year.
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