ilmscore | Prediction Details
"the uh High number of apartment deliveries meaning new construction is going to decline uh because these developers can't continue to get financing for these projects at today's interest rates material costs are higher"
By BiggerPockets | June 7, 2024 | Correct
From video
Multifamily Investing Madness Explained and a New 2025 Forecast 00:17:00 - 00:17:16
Interpreted Prediction
New multifamily construction starts will decline due to financing difficulties and high material costs.
AI Evaluation Notes
New multifamily construction starts have generally declined since the prediction was made in June 2024. High interest rates and material costs have made it more difficult for developers to obtain financing, leading to a decrease in new construction.

Prediction Details

Topic
Multifamily Construction

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