The high interest rates seem to finally be making the expected impact, that the economy is slowing, so I'm curious whether the Insider community thinks the multifamily industry will fare better or worse than the overall community over the next 1-2 years.
In the past, every other time there have been downturns, I would say multifamily would do better. But this time around, I’m not so sure. Something definitely smells different in the air that I’ve not experienced in my very long career in this industry. I do believe experience leaders will be able to make the best of what’s happening, but the inexperienced may not fair so well. Time will tell as always, but there is definitely something different going on right now..