1 hr 8 min

Doom or Boom in 2023? Multifamily Trends to Watch The Gray Report Podcast

    • Investing

Some impactful trends of 2022 may not be as prominent next year. For example, this year's dramatic interest rate increases are expected to plateau and 2022's high levels of inflation will likely to decrease in 2023. That being said, many of the major forces driving the multifamily market will continue. The critically low supply of housing may not have gotten as much attention in light of the declining rent and single family home prices this year, but housing demand will remain high until single family and apartment construction dramatically increases, which will not happen overnight or next year, for that matter.  



Sources discussed in this episode:  

Apartment List: “2022 Rental Market Recap Report – 9 Key Trends” - https://www.apartmentlist.com/research/2022-rental-market-recap-report-9-key-trends

St. Louis FRED: “Household Estimates” (Click “Edit Graph” and change Units to “Percent Change from Year Ago” to get a view of changing household formation) - https://fred.stlouisfed.org/series/TTLHHM156N#0 

Federal Reserve Bank of the United States: “Summary of Economic Projections, December 14, 2022” (page 4 contains dot plot of interest rate projections) - https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20221214.pdf 

Wisconsin Institute for Law and Liberty: “How Laws and Regulation Add to Housing Prices in Wisconsin” - https://will-law.org/wp-content/uploads/2022/12/Housing-FINAL-2.pdf 

Berkadia: “Rent Control 2022 Elections Update” - https://base.berkadia.com/wp-content/uploads/2022/12/Berkadia-Rent-Control-2022-Elections-Update.pdf

The Atlantic: “The Obvious Answer to Homelessness” - https://www.theatlantic.com/magazine/archive/2023/01/homelessness-affordable-housing-crisis-democrats-causes/672224/ 

The Manhattan Institute: “How to Fight Housing Price Inflation Policy Menus for Stopping Government-Induced Housing Woes from Spreading Beyond the Coasts” - https://www.manhattan-institute.org/how-to-fight-housing-price-inflation 



For the latest multifamily news from across the internet, visit the Gray Report website: https://www.grayreport.com/ 

Sign up for our free multifamily newsletter here: https://www.graycapitalllc.com/newsletter/ 



DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest.

Some impactful trends of 2022 may not be as prominent next year. For example, this year's dramatic interest rate increases are expected to plateau and 2022's high levels of inflation will likely to decrease in 2023. That being said, many of the major forces driving the multifamily market will continue. The critically low supply of housing may not have gotten as much attention in light of the declining rent and single family home prices this year, but housing demand will remain high until single family and apartment construction dramatically increases, which will not happen overnight or next year, for that matter.  



Sources discussed in this episode:  

Apartment List: “2022 Rental Market Recap Report – 9 Key Trends” - https://www.apartmentlist.com/research/2022-rental-market-recap-report-9-key-trends

St. Louis FRED: “Household Estimates” (Click “Edit Graph” and change Units to “Percent Change from Year Ago” to get a view of changing household formation) - https://fred.stlouisfed.org/series/TTLHHM156N#0 

Federal Reserve Bank of the United States: “Summary of Economic Projections, December 14, 2022” (page 4 contains dot plot of interest rate projections) - https://www.federalreserve.gov/monetarypolicy/files/fomcprojtabl20221214.pdf 

Wisconsin Institute for Law and Liberty: “How Laws and Regulation Add to Housing Prices in Wisconsin” - https://will-law.org/wp-content/uploads/2022/12/Housing-FINAL-2.pdf 

Berkadia: “Rent Control 2022 Elections Update” - https://base.berkadia.com/wp-content/uploads/2022/12/Berkadia-Rent-Control-2022-Elections-Update.pdf

The Atlantic: “The Obvious Answer to Homelessness” - https://www.theatlantic.com/magazine/archive/2023/01/homelessness-affordable-housing-crisis-democrats-causes/672224/ 

The Manhattan Institute: “How to Fight Housing Price Inflation Policy Menus for Stopping Government-Induced Housing Woes from Spreading Beyond the Coasts” - https://www.manhattan-institute.org/how-to-fight-housing-price-inflation 



For the latest multifamily news from across the internet, visit the Gray Report website: https://www.grayreport.com/ 

Sign up for our free multifamily newsletter here: https://www.graycapitalllc.com/newsletter/ 



DISCLAIMERS: This video does not constitute professional financial advice and is for educational/entertainment purposes only. This video is not an offer to invest.

1 hr 8 min