Thank you for sharing!

Your article was successfully shared with the contacts you provided.
MPF Research'sJay Parsons Parsons writes that multifamily owners actually benefit in times of strong single-family home sales.

CARROLLTON, TX—My goal in this column is lofty: I hope to convince every multifamily investor, operator, developer, asset manager and lender to once and for all—forever and ever—cease and desist from the idea that home sales are bad for the apartment sector. And I’ll go a step further. I hope to convince you that the multifamily sector should root for a strong for-sale housing market.

Why would I make such a crazy claim? Because the multifamily professionals continue to buy into a number of myths related to home sales. At nearly every industry conference, and in many conversations with clients and reporters, these myths get perpetuated again and again. Chances are, you’ve heard the same old tales—and I am willing to bet no one has ever presented you with any real data to back up the conventional wisdom.

Want to continue reading?
Become a Free ALM Digital Reader.

Once you are an ALM digital member, you’ll receive:

  • Unlimited access to GlobeSt and other free ALM publications
  • Access to 15 years of GlobeSt archives
  • Your choice of GlobeSt digital newsletters and over 70 others from popular sister publications
  • 1 free article* every 30 days across the ALM subscription network
  • Exclusive discounts on ALM events and publications

*May exclude premium content
Already have an account?



Join GlobeSt

Don't miss crucial news and insights you need to make informed commercial real estate decisions. Join GlobeSt.com now!

  • Free unlimited access to GlobeSt.com's trusted and independent team of experts who provide commercial real estate owners, investors, developers, brokers and finance professionals with comprehensive coverage, analysis and best practices necessary to innovate and build business.
  • Exclusive discounts on ALM and GlobeSt events.
  • Access to other award-winning ALM websites including ThinkAdvisor.com and Law.com.

Already have an account? Sign In Now
Join GlobeSt

Copyright © 2021 ALM Media Properties, LLC. All Rights Reserved.