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Updated about 4 years ago,

User Stats

24
Posts
3
Votes
Daniel Villanueva
  • New York, NY
3
Votes |
24
Posts

Covid migration effect on Phoenix/ Chicago/ Dallas MF ?

Daniel Villanueva
  • New York, NY
Posted

Hello all, 

Recent news articles show strong migration from metro areas to suburbs. People that once had to rent a unit in multi family, can now possibly rent a whole home in far suburbs or save elsewhere for a home purchase. 

My question is for those MF professionals in Dallas/ Chicago/ Phoenix metro areas: are you seeing an exodus of class a/b renters leaving the MF world? My worry is that this and the following year may be a bad time to buy for the 2-4 unit world. Perhaps SFH may be the best option for the immediate future.

I welcome all evidence- based articles that you may have found relevant! 

Thanks for your time, 

Danny