This is a narration of Radix's weekly Rent and Operating Trends Report. Equity markets recently wrapped up their worst first half of a calendar year in more than 50 years as economic turbulence remains. First quarter GDP was negative, and indicators point toward an additional decline in the second quarter, according to the widely monitored Atlanta Fed GDP now tracker. A second consecutive negative quarter of GDP growth would put the economy into a recession based on the widely used definition, however, the current economic situation has one significant difference from past recessions: the employment market. Tune in to find out more information on multifamily dynamics during the week of July 3.
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