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re: Developement feasibility question

Posted on 10/4/21 at 10:54 am to
Posted by yellowhammer2098
New Orleans, LA
Member since Mar 2013
3850 posts
Posted on 10/4/21 at 10:54 am to
There is a lot of very cheap money from banks and investors with a large appetite for multifamily real estate currently. It is a stupid market. Most real estate deals I'm seeing go through right now in the SE don't make much sense. Purchasers/developers are baking in a LOT of rent increases and not enough of a risk cushion IMO with regard to reversion.
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