Housing Index Underscores Demand for Multifamily
If a study by professors at two Florida universities is any indication, don’t expect to see any slowdown in multifamily construction.
Across much of the country, consumers who rent and reinvest those potential savings can build wealth faster than people who buy homes and build equity, according to the latest quarterly findings in the Beracha, Hardin & Johnson Buy vs. Rent Index.
What’s more, renting is becoming a long-term trend, unlikely…