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Even Better News for Apartment Owners and Investors.
Industry speculators have observed more people opting for rent, even though the rent is extremely high. Besides, affordable options are not safe. Many have resorted to shared premise, owing to the difficult y with locating a premise and getting it approved. Only a few weeks or months back, renting was given warm welcome with numerous benefits and perks. But now, it is the opposite! Also, the construction industry is witnessing a sea of changes. Single family homes are no longer the trend. Now, multifamily apartments will be gaining about 90% this year end. Many are put in waiting list when checking for a premise. This has increased the number of apartments and multi-storied residential premises. By 2015, there is an estimated increase in the number of residential units, though there might be enough takers. For those who are looking to invest, this might be just about the right time to invest.
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