Multifamily, most would agree, has a supply problem right now. There is too much development in the pipeline and it is likely to keep rent increases moderate for the foreseeable future. But is the issue overstated and are worries concerning supply overblown?
The answers to these questions depend very much on the location and timeline being considered, and as Jay Parsons, senior vice president and chief economist at RealPage, puts it, "Oversupply is a more nuanced topic than we give it credit for."
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