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What's Going to Be an Interesting Year for Multifamily?
It's going to be an interesting year for multifamily rents have been up, but there's slowing vacancies or rising. We're seeing the worst hit at the higher end and the housing shortage. In 2020, 65,000 so-called starter homes have been built; 2.4 million first-time homebuyers in the market. If you look at a chart of rent prices in the U.S., it looks like a check mark right now.