The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Thursday, July 1, 2010
Generation Y - Multifamily's Bright Future
Real Estate Forum magazine reports this month that Generation Y is expected to increase demand for apartments that exceed current supply: "the number of new apartment communities developed will still be well short of what will be needed to both replace obsolete units and accommodate new and existing renters." See "Multifamily Has a Bright Future"