In the early weeks of the COVID-19 pandemic, it appeared the multifamily sector could be in for a seriously rough ride. With the economy shut down and the service industry largely laid off from work, there was no telling how tenants would be able to pay the rent and how landlords would be able to
Multifamily: An uncertain future
The pandemic didn’t wreak the predicted havoc on multifamily, but inventory far outstrips demand and there aren’t nearly enough new jobs on the horizon to absorb it.
