Permits Down, Rents Up? Why Fewer Multifamily Projects Today May Mean Higher Rents Tomorrow
As multifamily housing permits continue to fall in key U.S. cities, experts warn that today’s slowdown in construction could spell higher rents in the near future. A recent analysis by Realtor.com published on AZ Big Media raises red flags for renters and real estate professionals alike. In 2024, the number of new multifamily permits issued […]