The pandemic has sent many people home and many others packing for new work and living opportunities. At the same time, house prices have hit new highs, and now with interest rates sharply higher, affordability and competition have kept many prospective homebuyers in apartments.
That's especially true in our nation's hottest growth markets, where in-migration has helped drive demand to new heights. As a result, by just one measure, Zumper's national rent index now stands at a record $1,450 for a one-bedroom unit.
Here's a list of markets to consider for multifamily investing, whether you're going it alone, as part of a private partnership, or through such options as publicly traded real estate investment trusts (REITs).
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