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Sign in Sign up for a FREE subscriptionWhy the U.S. still faces a housing shortage
The largest population subset is approaching a period in life that traditionally correlates with a transition to homeownership, but the barriers to purchase a house and benefits of apartments will prolong millennials’ renter cycle, according to Multifamily Population Trends, a report by Marcus & Millichap. Gen Z household creation, meanwhile, has been accumulating, as many lived with parents during the pandemic. The merger of these two groups will buoy apartment demand.
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