U.S. Needs 4.3M More Apartments by 2035 to Address Demand, Deficit and Affordability
Nation Faces 600,000 apartment deficit, 4.7 million fewer affordable apartments Amidst demographic shifts and lingering pandemic-impacts on the population and broader economy, the U.S. faces a pressing need to build 4.3 million new apartments by 2035, according to a new study commissioned by the National Apartment Association (NAA) and the National Multifamily Housing Council (NMHC). Based on research conducted by Hoyt Advisory Services and Eigen10 Advisors, LLC, commissioned by NAA and NMHC, the data
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