Tuesday, November 18, 2014

Multifamily is a good investment

Forbes recently highlighted multifamily commercial real estate as a good bet for investors:

http://www.forbes.com/sites/billconerly/2014/05/19/multi-family-real-estate-forecast-2014-2020/

apartment, California, commercial real estate, construction, economics, investment, multifamily, I was interested to read that they called multifamily construction "soaring". Here in California, the land of taxes, protestors, and fees, I don't see a lot of building. Vacancy rates in Coachella Valley are very low. 

In fact, I've written in the press about a future crisis of affordable housing for new couples, seniors, working poor, and those in transitions.