Multifamily and Residential Sectors

The housing affordability crisis in the United States has made homeownership unattainable for many multifamily residents. Increasing home values, lack of moderately priced inventory, student loan debt, and struggles to save for down payments are barriers that are driving healthy renter percentages across the country.

While home prices are rising 2x faster than wages, further increasing the demand to rent, nearly two-thirds of renters cannot afford to buy a home and are not planning to do so in the near future.