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1251 - Multifamily Is at High Risk of Continuing Its Historic Crash in 2024—Here’s Why by Scott Trench Part 2
BiggerPockets Daily
Challenges and Risks Facing Multifamily Real Estate in 2024
This chapter delves into the challenges facing multifamily real estate in 2024, highlighting the oversupply of units under construction and its impact on rent growth and investor opportunities. It specifically warns of potential rent declines in markets such as Texas, Florida, North Carolina, Denver, and Phoenix due to the imbalance between supply and demand.
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