Shafiq Hirani argues that fewer new apartments being built is good news for owners of existing properties, regardless of whether interest rates fall. A construction slowdown reduces competition and strengthens the value of what you already own.
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You hear a lot of nervous talk right now about interest rates and what they mean for apartment owners. Today I want to show you the other side of that coin because there's an upside to this market that almost no apartment owner is talking about, and it has nothing to do with rates going down. I'm Shafiq Hirani, and this is a midweek Apartment Navigator Deep Dive. The topic: why the slowdown in new apartment construction Maybe the best thing to happen to the building you already own. Before we dive in, one quick thing. If these breakdowns are helpful to you, take a second to subscribe, give this video a like, and leave a comment with what you're seeing in your own market. It helps more owners find this, and your comments tell me exactly what to cover next. Okay, let's get into it.