The $980 Billion Multifamily Economic Bomb

I used to have a joke with a couple of my friends that if you ever went to a business networking event, or joined a “Masterminds” call, 75% of the guys in there would mutter something about being “in multifamily.” From about 2010 on, it was one of the easiest ways for guys to feel “wealthy” even if they’re really just “above average,” because for a lot of that time, the sector seemed to be giving you 4–6% a month passively. I once worked with one of these types of guys, and he literally had a sales slide deck that said “Well, people need a place to live, so it’s a full-proof investment!” It still somewhat is, but there are issues lurking, as detailed here: <a href="https://wire.insiderfinance.io/the-980-billion-multifamily-economic-bomb-e83d389ae0f">Visit Now</a>