As reported here in The Source roughly a year ago, in 2012 the multifamily sector did just about exactly what Dr. Mike Eppli of NAIOP predicted it would: lead the charge into recovery. Rising rents and lowering vacancy rates, Eppli said, were in the cards, driven by the fallout from the housing crisis. Eppli saw a national demographic that broke with its traditional history and headed not into home ownership, but rental.
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