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Updated 4 months ago on .

User Stats

101
Posts
133
Votes
Austin Wolff
  • Rental Property Investor
  • Los Angeles, CA
133
Votes |
101
Posts

Durham investors, will you be hurt by this?

Austin Wolff
  • Rental Property Investor
  • Los Angeles, CA
Posted

This is a crazy wave of supply. To quote CoStar, "The 8,500 units under construction in Durham will increase the market’s inventory by 13.3% when they are completed, while the 690,000 units being built nationally will increase U.S. inventory by just 3.4%, about one-quarter of Durham’s rate."

Obviously this is great for renters and affordability. But are any NC investors worried?

  • Austin Wolff