Researchers say multifamily properties still make for a smart investment, given that on a nationwide basis new development hasn’t caught up with new household formation. The question for many buyers is where they should park their money in order to reap maximum returns and avoid any backlash from potential overdevelopment. We spoke with John Chang, first vice president of research services with brokerage firm Marcus & Millichap and one of the authors of the firm’s recently-released 2015 National Apartment Report, about his recommendations.
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