Think the pressure from the condo market is alleviating? Think again.

Gone are the days when apartment tenants will pay a premium to live in a high-end unit.

Though weak today, the region's apartment market is setting itself up for a return to stability. And landlords should expect to regain pricing power by 2011.

With declining occupancy and rents, REITs see the halcyon days of multifamily investment fading away.

Capital providers in the distressed arena now have a new ally in their corners.

All sub-segments within the sector are feeling the pain of the downturn, to varying degrees.

'You cannot rely on your federal government to solve the housing needs of your citizens. Individuals who have the wherewithal need to step up and contribute.'

'You cannot rely on your federal government to solve the housing needs of your citizens. Individuals who have the wherewithal need to step up and contribute.'