The trends in the multifamily property market for the next five years are expected to be influenced by several factors. Slower economic growth is projected to impact apartment demand, with an estimated 240,000 units needed in 2020. Millennials are gradually moving into homeownership, but affordability issues mean that demand for multifamily properties remains strong. Changes in rent control regulations have led to a decrease in multifamily investment in areas like New York Metro, while other areas like the San Francisco Bay Area have seen an increase. Investment in suburban areas is currently seen as the best bet based on market performance and investment returns. Investors and developers are also advised to consider smaller metros with a population under 2 million.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
Download model