The long-term outlook for the apartment market -- both from a demographic and well as a public policy point-of-view -- is extremely good, a Freddie Mac executive told a conference session. "The trends favor lending and owning multi-family." Noting that "a segment of the population was pushed into home ownership when they just weren't ready," he said that there is now a "broad realization" that ownership isn’t for everyone. Moreover, he added, multi-family is important to urban revitalization. Click here for the rest of the article.
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