Well-located, high-quality rental housing will likely continue to deliver strong performance in the long term, according to a report by Clarion Partners’ Indraneel Karlekar, managing director, global head of investment research, and Joey Valenzuela, senior associate, investment research, which was published in the December issue of Institutional Real Estate Americas.
Karlekar and Valenzuela discuss the macro, demographic and financial factors driving the steady success of this sector, including the national housing shortage, a renter base in all the generations, high prices to own housing, migration into the Sun Belt markets and a suburban boom. To access a pdf of the report, click here.