Rising Interest Rates Concern Apartment Building Owners, Renters

Wall Street Journal, May 24, 2022–Konrad Putzier and Will Parker (subscription)
Investors who bid up apartment-building prices to record levels over the past year are starting to come under pressure as rapidly rising interest rates squeeze their profits.
https://www.wsj.com/articles/rising-interest-rates-concern-apartment-building-owners-renters-11653393600?