Motley Fool Money cover image

Motley Fool Money

Is Multifamily Overbuilt?

Jun 8, 2024
20:38
Snipd AI
Financial analyst Matt Argersinger discusses the overbuilding of multifamily properties, impact on developers, and outlook for REIT investors. Topics include the increase in new apartments, affordability concerns, challenges faced by builders, and analysis of Mid-America Apartments resilience in oversupplied regions.
Read more

Podcast summary created with Snipd AI

Quick takeaways

  • Oversupply of new apartments in hot cities due to remote work has impacted renters, developers, and investors.
  • Mid America Apartments maintains strength by acquiring properties outside city centers and in the Sunbelt region.

Deep dives

The Impact of Remote Work Migration on the Multifamily Market

The podcast discusses how the rise of remote work during the pandemic led to a migration towards cities like Nashville, Austin, and Denver, resulting in an oversupply of new apartments in these areas. The mismatch between supply and demand has affected renters, developers, and investors in the multifamily market. The trend towards warmer locations and increased work flexibility contributed to the surge in construction but also raised concerns about potential overbuilding.

Get the Snipd
podcast app

Unlock the knowledge in podcasts with the podcast player of the future.
App store bannerPlay store banner

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode

Save any
moment

Hear something you like? Tap your headphones to save it with AI-generated key takeaways

Share
& Export

Send highlights to Twitter, WhatsApp or export them to Notion, Readwise & more

AI-powered
podcast player

Listen to all your favourite podcasts with AI-powered features

Discover
highlights

Listen to the best highlights from the podcasts you love and dive into the full episode