Despite boost in supply, Florida is facing apartment shortage

State will need to add hundreds of thousands of new units to keep pace with demand, association survey finds

  • By Kevin McQuaid
  • | 8:40 a.m. October 25, 2019
  • Commercial Real Estate
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It might be somewhat hard to believe, given the tens of thousands of new multifamily rental units that have been constructed along the Gulf Coast in the past seven-plus years of this economic recovery cycle, but Florida is actually facing an apartment shortage.

 

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