The Long Term of Multifamily

[Robert Rixer]

I want to get the BP community's take: Where do you see multifamily being in 20-30 years time?

Many of us on this sub-section have either gone into or fallen into multifamily investing exclusively so I believe it's worth asking the question of what the future could potentially hold long term. Could there be an existential threat in multifamily like Office had with Covid or Retail had with the rise e-commerce?

Average cap rates across the country have halved in the past 25 years. Will this trend continue, plateau or reverse course?

Will the ratio of apartment renters to the total population go up or down in the future?

Thanks in advance!