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Apartment Sector Well-positioned In Case Of A Downturn | National Real Estate Investor

by nreionline.com posted 1week ago 20 views
In the current cycle, property fundamentals are strong enough to withstand a shock to the system. : Even if there is an economic downturn in the near future, the apartment sector is likely to hold up, according to industry experts. “Apartments are still resilient against a possible recession,” says Andrew Rybczynski, senior consultant for CoStar Group Portfolio Strategy. Though the high end of the market may be feeling the strain of overbuilding, the sector overall is benefitting from long-term trends that should continue to fill apartment units for the foreseeable future.

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