J Scott vs Scott Trench
Alright alright alright . . . the heavyweight fight is on. Over the past couple of weeks we've gotten two great articles from two great BP minds.
Scott Trench told us that Multifamily is at a High Risk of Continued Crashing. H mentions that --> It Just Doesn’t Make Sense to Buy Apartment Complexes at Current Valuations / The Outlook for Rent Growth Is Poor in 2024 / Expenses Eat Into Multifamily Profit / Interest Rates Will Not Come to the Rescue
J Scott is on the other side of the tracks and saying that Multifamily is Likely to Start Recovering. He mentions that --> Cash Flow Isn’t the Only Benefit of Real Estate / The Outlook for Rent Growth is Positive / Expenses Growth is Slowing / Interest Rates Will Come Down, and There Won’t Be a Major Recession.
So, who's it gonna be ?