"Over the past decade, additions to the nation’s rental stock consisted primarily of large multifamily properties and single-family homes—units that are typically more expensive than those in small and mid-sized buildings. This shift has effectively shrunk the middle of the rental market. And despite the recent strength of multifamily construction, much of the rental stock is aging and in need of maintenance and updating. At the same time, rental deserts—providing only limited housing options for renter households—exist in a variety of communities from urban to rural, and the barriers to multifamily development in these locations remain formidable."Read and download the report here.
The latest news of interest to multifamily owners of apartment buildings in Oregon and Washington.
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Monday, February 3, 2020
Harvard Joint Center For Housing Studies | 2020 Report on Rental Housing in America
No surprises in this most recent report:
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