Diane Swonk: Shift from home buying to rentals drives strong apartment demand

Diane Swonk: Shift from home buying to rentals drives strong apartment demand
Rental market grows as apartment demand rises

Diane Swonk observes that the transition from home buying to rentals has intensified, with a delayed impact expected in pricing measures.

According to Swonk, there has been extraordinary absorption of apartments during what she describes as a difficult period for mortgages.

Swonk has previously noted that financial markets are pricing in further rate hikes ahead of Federal Reserve decisions. She has also raised concerns about diesel export bans and the risk of higher U.S. prices. Her latest comments on apartment demand follow earlier warnings about shifting market pressures.

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