Despite the worst economy in a generation, apartments and their residents contributed $1.1 trillion to the national economy and supported 25.4 million jobs. The number of Americans demanding apartments continues to grow, many states and metro areas will experience significant economic benefits from expanding markets for apartments.
http://nreionline.com/multifamily/apartment-industry-residents-contributed-11t-economy
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AuthorL5 Real Estate Investments, LLC is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets. Archives
January 2019
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