Rising rents make rental construction a good investment in the US
- Seattle, Portland, San Francisco
- 2022/07/28
Home construction in June, MoM: Single-family: ↓ 8.1% Multi-family: ↑ 15% Rising rents are creating an incentive to build more rental units, even in the face of rising financing costs. Median rent nationally ↑ 14% yearly, and occupancy rates are at low levels.
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