The projected apartment demand in the U.S. for 2020, which is estimated at 240,000 units, indicates a slower economic growth. However, the demand for multifamily housing remains sufficient due to affordability issues faced by millennials moving into homeownership. The investment in multifamily housing has seen a drop in areas like New York Metro and Greater Los Angeles, partly due to new rent control regulations. However, there has been an increase in the San Francisco Bay Area. The current market performance and investment returns suggest that buying or building in the suburbs is a good option. Investors and developers are also advised to consider smaller metros with a population under 2 million.
Real estate can be a great addition to an investment portfolio. But as with any investment, it has t...
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