The 9.2% YoY drop in multifamily investment in New York Metro could have several implications. It may indicate a shift in investor sentiment due to new rent control regulations, potentially leading to a slowdown in the construction of new multifamily units. This could affect the availability of rental housing in the area. Additionally, it could signal a shift in investment towards other markets or property types, such as the suburbs or smaller metros with populations under 2 million, where market performance and investment returns may be more favorable.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
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