Amy Rubenstein on Bloomberg Businessweek Daily: Where Workforce Housing Goes Next
Clear Investment Group CEO Amy Rubenstein returned to Bloomberg Businessweek Daily to discuss an inflection point in multifamily. Years of strong apartment demand were masked by oversupply, keeping rents flat. With construction starts down sharply from their 2022 peak and absorption now outpacing new deliveries, Amy argues that fundamentals have turned while pricing still reflects the pessimism of 2024.
She also discussed the 18 to 24 month lag between construction starts and delivery, which makes the supply picture through 2027 largely predictable, along with rising construction costs, labor constraints, and where she sees opportunity in particular markets.
