Developers are on track in 2020 to complete 371,000 new apartment rental units, up 50% from last year and reaching levels not seen since the 1980s. Most of this construction is targeting affluent renters who, because single-family home construction is at historic lows, can’t find affordable housing to buy.
Posted by Jeff Mindham
Prior to becoming a full-time writer in 2015, I was the Senior President of National Marketing for Prudential Real Estate (63,000 agents & 700 franchisees), and the Chief Marketing Officer at several real estate tech startups. Those included ForSaleByOwner.com, the nation’s largest online FSBO, Foxtons and USRealty.com, among others. I began my career on Madison Ave. working at some of New York’s largest ad agencies.
I have a master’s degree from the University of San Francisco and a BA degree in Communications.