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Higher rates will impact levered IRRs.
First quarter was the strongest on record.
Property values could be challenged if mortgage rates tick up due to inflation.
Today's consumer behavior is multi-dimensional so a varied retail approach is necessary.
Average asking rents are now $1,659 per month.
There was a shift in visit rates in March as COVID restrictions were lifted again.
The national rent-to-income ratio also increased by 270 basis points last year but there's more to the story.
With the US flush with cash, it may take awhile before the brakes catch.
Prices aren't going up but they're not going down either.
Respondents are also increasingly optimistic about rents and employment.