Strong demand for rental housing and short supply of available units have created surging rental markets around the country and particularly in Southwest Florida where occupancy remains above the national average. Rent growth in the Naples region led the nation in February at 13%.
That’s great news for landlords and investors, but it also means less options and higher costs for renters. Going back to the housing crisis of recent years past, we’ll explore what’s led to current market conditions and what experts predict conditions will be in the coming years.Guests:
Jay Denton, Vice President of Research, Axiometrics Inc.
Mike Timmerman, President and CEO, MJT Realty Economic Advisors, Inc.