Tyler, TX ranked #9 in the 2012 index, posting a solid improvement from last year’s finish. The gain resulted from higher short-term employment, wage growth and better performance in the technology sector (i.e. 77% percent telecommunications growth over a five-year period).
Apartment Industry, Residents Contributed $1.1 Trillion to the Economy (National Real Estate Investor 04/03/13)
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.
As a result of the housing crisis, homeownership is down, particularly among younger households. As many as two million future households are expected to become renters as economic and labor market conditions improve.
L5 Real Estate Investments, LLC is a privately held investment firm focused on stable, income producing multi-family opportunities in emerging U.S. markets.