Sector Spotlight: Multifamily REITs - They Survived Until 2025!

COVID 19 profoundly changed the apartment industry. Free to work from anywhere, Americans uprooted and migrated to cities with lower cost real estate, more space, lower income taxes, and better weather. That translated to a mass exodus to Sunbelt places like Phoenix, Dallas, Tampa, Nashville, Atlanta, and Las Vegas. Multifamily landlords were quick to understand that they could raise Austin apartment rents by 20% and a worker transplanted from San Francisco would still be saving money. Soon all the apartmen ...