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Navigating the Housing Market: Challenges and Strategies
This chapter explores the growing disparity between renting and homeownership, highlighting the increased costs associated with buying homes in suburban coastal areas. It discusses AvalonBay's strategic response through investment in the Build-to-Rent (BTR) sector amidst a declining trend of renters transitioning to homeowners. The conversation also delves into market dynamics, economic impacts, and the long-term potential of various real estate sectors, emphasizing the multifamily asset class's resilience and growth opportunities.