There are several reasons for the sufficient multifamily demand despite affordability issues. Firstly, slower economic growth has led to a projection of 240,000 apartment units in demand in the U.S. in 2020. Secondly, millennials continue to move into homeownership at a modest pace due to affordability issues, which keeps the demand for multifamily units high. Lastly, despite drops in investment in some areas due to new rent control regulations, other areas like the San Francisco Bay Area have seen an increase in investment.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
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