Praedium teamed up with the economists at Ten-X Research to analyze the middle income segment of the US apartment market. Based on this analysis, we believe that multiple long-term economic and demographic trends coupled with a favorable supply/demand dynamic should provide promising growth for the “Middle-Income” rental housing sector because:

• Demand is strong: middle-income housing has a significant and growing renter pool
  • Single family housing is increasingly hard for middle income earners to afford
• Supply is weak: middle-income rental housing has virtually no new supply
  • Class A apartment inventory has grown 32% in the last decade, compared to 0.1% growth in Class B & C inventory