According Freddie Mac, many of the Baby Boomer generation are turning to rental properties as the perfect place to settle down in their twilight years.
Although analysts are still mixed about the long-term effects that the “Brexit” will have on the world economy, one financial institution that could see long term change is the multifamily real estate market.
The rapid rise in demand for multifamily units has caused the longest period of rental market tightening since the 1960’s, so says report by the Joint Center for Housing Studies at Harvard University.
SAN FRANCISCO—Is there a way to appeal simultaneously to millennials and boomers? Ms. Real Estate tackles the question.
Home values and rents have grown more quickly in the parts of the country with historic upward socio-economic mobility for children of low-income families.