Multifamily has some challenging times in 2024 — depending on where you are and how you approach it.

Apartment List has a list of predictions for the 2024 rental market. But they're easier to understand in a bigger context, that of the mix of challenges and benefits facing multifamily professionals.

The big questions for 2024 are what property valuations might be, the future for rent growth, and strong price discovery. The basic dynamics are demand and supply, but each of those faces complications.

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