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Fiscal Drag Won't Impact Recovery

LOS ANGELES-A Marcus & Millichap webcast saw the firm's executives touting the US multifamily market as remaining healthy for some time.

By Bruce Haring | Updated on May 16, 2013

LOS ANGELES–The US multifamily market should remain healthy for some time, thanks to an ongoing economic recovery, the availability of capital and a good rate of return compared to other investments.

However, investors need to be wary that new multifamily construction doesn’t outstrip demand, that the Federal Reserve may raise rates, and that pent-up desire for home ownership doesn’t cause a shift in vacancy rates.

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