Young Professionals Have Returned to Cities, Impacting Rents
Pro Builder
AUGUST 4, 2021
Young professionals have returned to cities, pushing apartment rents up and taking the stock prices of apartment companies with it. The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. Wed, 08/04/2021 - 10:00. That’s 25% more than the S&P 500.
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