The latest report from proptech firm MRI Software reveals significant differences in key indicators of recovery across multifamily sectors. Of particular note: Rent collections in affordable housing payments lag those of market-rate and public housing, and mobility in affordable and public housing trails that of market-rate housing.
To fully assess the multifamily market’s progress toward recovery, MRI reviewed not only year-over-year and month-over-month statistics, but also compared the first four months of 2021 against a “baseline” of the first four months of 2019, before the pandemic had emerged. The firm’s report on market-rate housing covers 1 million units, while its report on affordable and public housing
