Private-sector rent data from CoStar, RealPage, and Yardi tells a more encouraging story than government CPI figures, showing that rent-to-income ratios in Class A and B apartments have actually been improving as incomes outpace rent growth. Housing economist Jay Parsons says investors who rely on property-level, transaction-driven data get a more accurate and timely picture of the market. The takeaway: the multifamily affordability picture looks better than headline numbers suggest.
Read more: https://www.orionprop.com/topfive/the-new-rent-metrics-shaping-multifamily-investment-memos/
