This week’s top multifamily news stories take a look at why more people are expressing a preference for renting over home buying, and what that means for the greater multifamily industry. First, Axiometrics explores the relationship between student debt and a decrease in homeownership. Next, The Wall Street Journal delves into data that reveals an increase in the number of people who view renting as the most affordable option across all age groups. Arbor’s ALEX Chatter then presents us with insights on how technology, changing interest rates and foreign investment is expected to impact the CRE space via an interview with the MBA’s Jamie Woodwell. National Real Estate Investor examines the integral role that building class and renter income play in determining how much an owner can increase rents without losing tenants. Lastly, PwC publishes their annual report with revelations such as markets to watch in 2018 and the real estate inclinations of Millennials, Generation Z and Baby Boomers.

Photo by gdtography on Unsplash

Photo by gdtography on Unsplash

 

Student Loan Debt and its Effect on Future Homeownership

Axiometrics – October 26, 2017

“Some say that higher student debt may generate negative effects to the housing market, while others prefer to focus on the causes that lead to the current debt levels.”

 

More People Think Renting Is a Better Deal Than Buying

The Wall Street Journal – October 24, 2017

“Some 76% of millennials said renting is an affordable option, up more than 10 percentage points from a year ago”

 

Q&A: Trends in Commercial Real Estate with the MBA’s Jamie Woodwell

ALEX Chatter – October 26, 2017

“Arbor recently spoke with Jamie Woodwell, VP, Research & Economics at the Mortgage Bankers Association (MBA), and used the opportunity to discuss the future of multifamily lending, trends in industrial and logistics spaces as well as the state of foreign investment in U.S. real estate.”

 

By How Much Should You Raise the Rents at Your Apartment Building?

NREI – October 24, 2017

“Many renters have already been pushed to the limit financially. Another rent hike could force them to move out.”

 

Emerging Trends in Real Estate 2018

PwC – October 26, 2017

“Now in its 39th year, Emerging Trends in Real Estate is one of the oldest, most highly regarded annual industry outlook for the real estate and land use industry.”