This week’s top storylines in multifamily include: the continued growth of chatbots, reasons affordable housing will thrive, California Senate Bill 1157, Gen Z looking to buy, the multifamily opportunity in aging office parks and the increase in apartment price.
The Novel Coronavirus is wreaking havoc on the construction of multifamily communities. The challenges could exacerbate the already growing affordable housing crisis as the available supply of apartment housing will lag further behind demand after the pandemic eases.