Soaring inflation might indicate higher mortgage rates
by editor on Jan.30, 2010, under News
A severe shortage of apartments is likely to result because of the anaemic pace of multifamily rental house construction, according to industry experts. New multifamily construction continues to be crippled by the 2009 credit debacle, leaving the industry unable to gear up for the increased need for market-rate and cost effective apartments that is anticipated to accompany economic recovery beginning the coming year.
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