JWB Real Estate Capital co-founder's outlook for real estate investors - Jacksonville Business Journal

So what is the state of the rental market in Jacksonville?

We had the fastest rise of interest rates in the last 40 years — and in real estate, of course, and especially in rental properties, that can have a dramatic effect. And prices have risen 15% to 20% for consecutive years here in Jacksonville, and so that really creates a challenge for affordability, which affects demand. But then on the other side, and what doesn't get talked about a lot, is you still have an under supply of housing here.

The answer to affordability is density. And so from a from a policy perspective, from a housing perspective, we can create ways to create more density that solves the affordability crisis. We have a tremendous amount of opportunity here in Jacksonville. We have a lot of land compared to other markets, so if we can work on ways to create more density, that's really the key to making sure that home prices stay affordable.

Argentina Últimas Noticias, Argentina Titulares

Similar News:También puedes leer noticias similares a ésta que hemos recopilado de otras fuentes de noticias.

How DIV Industrial is taking on warehouse ESG, $2B fund - San Francisco Business TimesDespite a slowdown across commercial real estate and the broader economy, two real estate executives in recent months launched a new industrial-focused real estate firm, and are about to embark on a major project in the Las Vegas market.
Fuente: SFBusinessTimes - 🏆 78. / 68 Leer más »

How DIV Industrial is taking on warehouse ESG, $2B fund - Dallas Business JournalDespite a slowdown across commercial real estate and the broader economy, two real estate executives in recent months launched a new industrial-focused real estate firm, and are about to embark on a major project in the Las Vegas market.
Fuente: DallasBizNews - 🏆 525. / 51 Leer más »