Join Jay Parsons, Principal and Head of Investment Strategy at Madera Residential, as he shares his deep insights into the multifamily market. He reflects on the 2024 rental landscape, addressing rising interest rates, inflation, and the Fed's policies. Jay discusses the recent St. Paul rent cap's unintended consequences on construction and affordability. He also offers strategies for maintaining occupancy amidst new supply and analyzes the differences between Sunbelt and coastal markets. Dive into his economic outlook and understand the complexities of current housing challenges!

Jay Parsons, a rental housing economist and Head of Investment Strategy at Madera Residential, dives into the contentious debate surrounding rent control. He explains how such policies often harm the very tenants they intend to protect. The discussion touches on the critical link between housing supply and rental prices, the complexities of affordable housing in high-cost areas, and the role of investor strategies in today's market. Jay also shares insights on the emerging built-to-rent sector and the importance of a data-driven approach in multifamily investing.

Real estate market analyst Jay Parsons discusses the rebounding rental demand and dropping rents, analyzing the shift from oversupply to potential shortage, the impact on different apartment classes, and the outlook for rent growth as multifamily construction slows down.

Leading economist Jay Parsons from Madera Residential discusses the disconnect between the Fed and property owners, solving for missing middle housing, predictions for distressed multi-family deals, net effective rent, market trends from sunbelt to coastal areas, and challenges in multifamily construction financing.

In this episode of the Invest Like A Billionaire podcast, join host Ben Fraser as he welcomes Jay Parsons, the SVP, Chief Economist & Head of Industry Principals at Real Page, a leading data analytics firm specializing in rental housing. This conversation is a must-listen for anyone involved in multifamily or single-family rentals or those considering venturing into these asset classes. Jay dives deep into the complexities of the real estate market, unraveling supply and demand dynamics, rent growth deceleration, and the driving forces behind these shifts. He also explores consumer demand, the current supply crunch, and offers a forward-looking perspective on housing market trends over the next two to three years, touching on capital markets and even making a bold prediction regarding CPI. Discover which markets and asset classes are outperforming the rest, with a comprehensive breakdown that's sure to leave you well-informed. Despite its extended duration, this power-packed interview promises invaluable insights, so be sure to tune in, and if you're enjoying the podcast, help us share this wealth of knowledge with a broader audience. Connect with Jay Parsons on LinkedIn https://www.linkedin.com/in/jay-parsons-a7a6656/ Connect with Ben Fraser on LinkedIn ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.linkedin.com/in/benwfraser/⁠⁠⁠⁠⁠⁠⁠⁠⁠   Invest Like a Billionaire podcast is sponsored by Aspen Funds which focuses on macro-driven alternative investments for accredited investors. Get started and download your free economic report today at ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://aspenfunds.us/report⁠⁠⁠⁠⁠⁠⁠⁠⁠  Join the Investor Club to get early access to exclusive deals. ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.aspenfunds.us/investorclub⁠⁠⁠⁠⁠⁠⁠⁠⁠  Subscribe on your favorite podcast app, so you never miss an episode. ⁠⁠⁠⁠⁠⁠⁠⁠⁠https://www.thebillionairepodcast.com/subscribe