ASK MIKE MONDAYS: “Michael, how big of an impact will this recent REDUCTION of interest rates have on the apartment industry?”
/Apartment investing has been challenged in the last two years…with rising interest rates on both short term and long-term rates. The 10-year Treasury spiked up to 5% just 90 days ago…and is now down 110 basis points; that’s a large move….SO what effect will that have on apartment investing? Michael chats about what challenges and opportunities he is observing today.
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