LOS ANGELES—Steady gains in the US economy have resulted in net positives for the multifamily sector and prices in core markets are at an all-time high. So said Michael Desiato, VP and group publisher of ALM's Real Estate Group, in his opening remarks on day two of RealShare Apartments.
“The consensus is that demographics will continue to keep demand for apartments strong,” he said. But will apartments continue to ride the wave of these trends for the foreseeable future, or will the momentum abate as the uncertainties—including wage growth, overbuilding and global factors—come into sharper focus?
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