The multifamily property market must significantly increase supply to meet demand in the years ahead, according to the National Multi Housing Council. The Washington trade group projects the number of households that rent will increase by four million over the next 10 years, with half of them renting apartments in properties with five or more [...]
Archive for March, 2008
More good news for apartment owners!
National Real Estate Investor magazine recently wrote that more than a million households joined the ranks of renters nationwide.
Plus there’ s suppose to be another 4.3 Million over the next decade.
Read the entire article here:
http://nreionline.com/property/multifamily/apartment_dwellers_increase_0305/
A big part of this is obvious that homeowners are losing their homes and going back into rentals but there’s more [...]
