1223: Rental Demand CoStar Portfolio Strategy, Andrew Rybczynski


Manage episode 236878202 series 1170092
By Discovered by Player FM and our community — copyright is owned by the publisher, not Player FM, and audio streamed directly from their servers.
Jason Hartman talks with Andrew Rybczynski, Senior Consultant at CoStar Portfolio Strategy, about what is happening on the construction side of both single family and multifamily properties. The tight labor market is causing unit completion to slow significantly, but there are a massive number of units being started. The two look at the impact of more millennials living at home on the shadow demand for apartments and whether renter demographics are still looking good. Key Takeaways: [3:22] We're seeing a lot of construction all around the country, what's the supply/demand outlook? [7:02] How much are construction costs going up? [11:02] We're not building single family homes as much as we used to [13:45] About 32% of adults 18-34 are living with their parents [16:57] Looking at the spread between an apartment cap rate and a triple B bond [20:52] How Andrew views renter demographics over the next 10 years Website: www.JasonHartman.com/Properties www.CoStar.com

787 episodes available. A new episode about every day averaging 28 mins duration .