Rent and Interest Rates
Recent trends show rent price growth is moderating, returning to pre-COVID levels, yet the Fed's aggressive interest rate hikes continue to affect housing development negatively. Multifamily developers face a dilemma, as a hard landing in the economy might lead to lower demand for rent but could also result in a significant drop in interest rates, potentially benefiting their heavily leveraged positions. The ongoing dynamics of debt and financing in this sector are crucial to understand moving forward.In this clip
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Odd Lots
Get Ready For Another Shock to Housing Affordability
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