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Supply / Demand Concerns - Greater Providence Area
BP,
I’m trying to understand the Providence, RI market, specifically focusing on the supply and demand drivers of the multifamily market. Do folks have any insights on new multifamily supply (location, # of units) as well as demand drivers that will absorb that supply? The latter has been tough to justify as population growth has been stagnant, aging population, and corporate downsizing….
Thanks,
Parris