Durham investors, will you be hurt by this?
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?
