Southeast Apartment Market Trends

Rental housing economist Jay Parsons breaks down the case for the Southeast's apartment and single-family rental markets. While some pontificators have openly fretted over slowing population growth, Jay shares data and forecasts showing the Southeast (as well as Southwest) — while moderating — remain much better positioned for growth (particularly among young adults more likely to rent) than other parts of the country. While the 50-year high in supply has created a big headwind across the Southeast of late, the drop in starts could flip the script in the near future. Jay looks back at the Southeast's pre-COVID performance as a potential indicator for what the next cycle could look like. Adding to the topic, James Kane — ex-Starwood Managing Director and current Southeast Partner for Madera Residential — joins the podcast to share his experience managing tens of thousands of units across the region, and shares his views on what Southeast markets look attractive going forward. Additionally, Jay brings back recurring segments like "New Digs," "Rental Housing Trivia" and "In the News."