The new head of the Federal Reserve, Janet Yellen, recently had some chilling worlds for the housing business, complaining about very slow rates of new household formation. “We need to see some pick-up in household formation in order to see continued recovery in the housing market,” said Yellen in testimony before Congress on May 7. That’s concerning news for the apartment business. Developers are going to need lots of new households to form up to fill all the new ...

NREIonline.com Freemium Content

"Slow Household Formation a Concern Amid Recovery" is FREE to access as a registered user on NREIonline.com.

Why Register for NREIonline? It's simple and free, and here is what you get:

  • Access to leading real estate industry research.
  • Interactive rankings of commercial real estate professionals.
  • Submit your own articles, (if approved) which will appear around the site.
  • Ability to comment and interact on all site content.

Already registered? here.