Investors and buyers wait eagerly for signs of distressed deals, price discovery, and activity in the sluggish market, but the multifamily market and the economy as a whole have been showing signs of resilience that are at odds with earlier, more pessimistic projections. Declining rent growth looks to have tapered off, and while recent strong job growth has caused some inflation worries, the favorable employment and subdued wage growth numbers are certainly more favorable than recession-level job losses and increasing inflation.
Sources discussed in this episode:
WTHR: “Bill holding landlords accountable passes Indiana House”
Indiana General Assembly: "House Bill No. 1075"
Vox: "Stop treating unemployment as a necessary evil to curb inflation"
Yahoo Finance: “Fed Chair Powell says 'disinflationary process has begun' in the US economy”
GlobeSt: “Here is Where You Will Find Distress in Multifamily”
For the latest multifamily news from across the internet, visit the Gray Report website: https://www.grayreport.com/
DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest.
