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Generation Renter

Generation Renter

This younger cohort could create a demand for apartments that could overwhelm supply.

By Philippa Maister | April 05, 2023 at 08:19 AM

The challenges of high home prices and rising interest rates that confront millennials anxious to start their own households could force them to remain renters for longer and create a demand for apartments that could overwhelm supply, according to a new report from real estate investment firm Marcus & Millichap.

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