Analyzing Market-Rate Apartment Affordability & Today’s Renter Base
Now Available On Demand
With inflation and rent growth at the highest levels in four decades, there's heightened attention on rental housing affordability. How are rent-to-income ratios moving? How much higher can rents increase?
RealPage's proprietary database of millions of leases provides unprecedented visibility into affordability, specifically in the market-rate apartment sector across the nation as well as in individual metros and asset classes.
In this webcast, we'll dive into how two separate topics are often conflated: market-rate apartment affordability and rental housing availability. There is indeed a crisis, but it's often misunderstood. What are the real challenges, and how can they be best solved? What role should apartment owners and managers play?
Join RealPage® experts Jay Parsons and Carl Whitaker for this timely discussion as they delve into America’s renter base and answer vital industry questions surrounding housing affordability along with some additional thoughts on what demographic trends behind the nation’s 7 key renter cohorts can tell you about market performance.
Jay Parsons serves as Senior Vice President, Chief Economist for RealPage, leading the Economist and Industry Principal teams to provide deep insights on market trends and consumer behaviors. He is a frequent author and industry speaker on topics affecting multifamily apartments and single-family rentals, including rental housing investment and asset management strategy, rental housing policy issues, risk mitigation and property management.
Jay has been cited in The Wall Street Journal, Bloomberg, The Financial Times, The Economist, and The New York Times, and he has appeared on CNBC and BloombergTV. His commentaries have been published by Barron's, the Pension Real Estate Association, the Mortgage Bankers Association, the National Apartment Association, American Banker and GlobeSt.
Carl WhitakerDirector of Research & Analysis, Market Analytics, RealPage, Inc.
Carl Whitaker is a Real Estate Economist with RealPage’s Data Analytics division. At RealPage, Carl has specialized in creating industry presentations, market and submarket trend reports and crafting ways in which data can be more easily consumed and leveraged by clients. Carl holds degrees from the University of North Texas, including a Master of Science in Applied Geography.