Inform INDUSTRY NEWS & MARKET TRENDS
By Michael Miller, National Apartment Association
ith so much change already upon the industry, what can we expect throughout 2022? Some industry leaders break down the current market of high rent prices and occupancy rates and examine trends of inflation, scarcity and resignations.
COVID-19 MARCHES ON
The rental housing industry continues to endure the effects of the COVID-19 pandemic, and no one—whether living or working in apartments—has escaped its assorted impacts. Rental housing professionals and their communities have 10 WINTER Q1 2022 / EBRHA.COM
realized a multitude of implications due to the changes happening in the industry and economy and adjusted accordingly, at one point on the fly, but now using strategic planning and processes. These implementations of processes and procedures are intended to address changes in rent prices, inflation, the labor market, and technology. “There are so many challenges in front of us right now. Two current issues we face today are the ever-evolving legislative issues as well as delays in the distribution of the Emergency Rental Assistance Program (ERAP) funding, which is meant to assist our residents impacted by COVID,” says Don Brunner, President and CEO of BRG Realty Group
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Forecast 2022 – A Journey of Change
