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Questions? Let's Talk: 877.762.4375
New statistics state that multi-family housing has declined over recent years. According to Fannie Mae, multi-family housing has declined from 44.8% of occupied rental stock in 2005 to 41.3% in 2001. While experts acknowledge the decrease, construction companies are looking into the future. Experts say that, as job growth continues to increase in the U.S., more millennials will be looking to rent, and baby boomers going into retirement will be considering downsizing. Construction for multi-family housing units has increased over the last six years and is expected to continue to increase in hopes of accommodating both the younger and older generations. More here
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