Latest / The Rent Roll with Jay Parsons
EP#17 David Moore | The Re-Rise Of The Sun Belt
Rental housing economist Jay Parsons breaks down the case for re-rise of Sun Belt multifamily, sharing the latest charts and data. Today's Sun Belt market is unquestionable feeling the pain of a 50-year high in new apartment supply. Vacancy is elevated and rents are slightly negative in most Sun Belt markets. But it's not a demand issue, with absorption numbers coming in at some of the highest levels in recent history. And now new construction starts are plunging, so what happens if demand remains strong as supply drops off? Jay breaks down those numbers to share why many investors remain…
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