| Apartment rents and occupancies are likely to continue to rise as the U.S. home and labor markets remain depressed, economists said at a conference sponsored by investment-advisory firm Bentall Kennedy.
“There are fewer jobs today than 10 years ago,” said Doug Poutasse, head of North American strategy and research at Toronto-based Bentall Kennedy, which oversees $23 billion of real estate assets. “There has been a tremendous demographic shift.”.............................................Full Article: Source
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