"There will be more 20-somethings over the next 20 years than at any time in the country's history, which apartment developers and lenders need to remember when thinking about construction and rental prices.
This was one piece of advice that Dr. Richard Green, director of the Lusk Center for Real Estate at the University of Southern California, gave about 200 attendees at his talk on economic and macro apartment supply and demand at the Pacific Coast Builders Conference on Thursday.