Recently the Global Real Estate Monitor released a report stating multifamily owners face challenges today but better times are ahead!
The article goes on to talk about “weak demand” and the lower employment and jobs. Fortunately we in the Midwest don’t see these problems like the major metropolitan areas around the country. Yes we lose jobs and have struggles but people in the Midwest pay their rent for the most part!
The article goes on to cover “sacrificing rent for occupancy” and I agree we see owners offering incentives to attract new tenants.
In summary multifamily investment real estate still tops our list for the best place to invest your money. Sure there are risks and challenges but what investment doesn’t?
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