Due diligence should then follow, by analyzing the data to see which market they are best suited to—possibly a co-living space for younger tenants or senior living for older ones. Many areas are seeing demand from both ends of the demographic spectrum.
The chronic shortage of housing, coupled with the high cost of acquiring it, means that demand for rentals is unlikely to wane anytime soon. Buying right, while the competition sits on the sidelines waiting for interests to drop, could pay dividends for years to come.
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