New U.S. Housing Index Underscores Long-Term Demand for Multifamily
If a study by professors at two Florida universities is any indication, demand for multifamily housing should hold steady for the foreseeable future.
Across much of the country, consumers who rent and reinvest the potential savings [versus mortgage payments] 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…