Is It Wise to Retain Equity Residential (EQR) Stock for Now?

Equity Residential (EQR) owns a portfolio of high-quality apartment units in some of the key markets of the United States that have an affluent tenant base. The high costs of home ownership due to high interest rates are likely to keep renter demand up in its markets, benefiting the company. A focus on technology, scale and organizational capabilities to drive margin expansion and operational efficiency act as tailwinds. However, the elevated supply of rental units in some markets and high interest rates ma ...