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MULTIFAMILY OUTLOOK

MULTIFAMILY OUTLOOK

Pages 28 Pages

The multifamily industry experienced a stark contrast in 2022, with record-high valuations and growth in the first half followed by a correction due to Federal Reserve rate hikes in the second half. Economic uncertainty persists into 2023, with the threat of more rate hikes and a looming recession. Additionally, the lack of affordable housing poses a significant challenge, particularly in major metros like Los Angeles. Creative solutions from both the private sector and government are needed to address this crisis and ensure long-term stability.

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