The cost of capital is rising. Rent growth is cooling. Pockets of the country could soon be facing a potential short-term oversupply of new apartment units. There are several forces in play to raise unemployment with the aim of reducing inflation.
Leading executives addressed these and other headwinds during a recent panel at the National Multifamily Housing Council (NMHC) Apartment Strategies Conference in Las Vegas.
While there was cause to celebrate for much of the past few years, operators' moods are expected to retract a bit in 2023.
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