Education and health care are two sectors of the U.S. economy have not only stayed strong throughout the recession, but are expected to grow even more over the next ten years
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The economists at the Multifamily Executive Conference’s annual Economic Roundtable and State of the Industry panel are optimistic that the country won’t experience a double-dip recession.
Consumers flock to apartments as American housing psychology reacts to the recession.
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Moody’s economist also says housing will not be ‘an early source of growth’ in this recovery.
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What will employment look like in 2009? How will the downturn affect the apartment market? Our interview covers this and other economic issues.
Sometimes too much of a good thing can be, well, too much. "This is as difficult an investment climate as I've ever seen," says David Schwartz, managing member of real estate investment firm Waterton Associates in Chicago.
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High home prices in hot markets like Southern California and Washington, D.C., are destroying the dreams of many wannabe homebuyers. But some apartment owners are reveling in these sky-high price tags, which help fuel business for the rental market.
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When demand exceeds supply, prices rise. That's one of the fundamental principles of economics. But it may not apply in the apartment market during the near term. The outlook for rent recovery in much of the nation doesn't look very promising, even after employment growth levels regain momentum and...
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In 2002, three forces – a national recession, low interest rates for first-time home buyers, and an oversupply of new apartments–came together and created a "perfect storm" that crashed into the multifamily market, negatively impacting operating performance by putting upward pressure on the...