New Apartments at 50-Year High May Ease Pressure on US Rents

Bloomberg, Aug. 22, 2022–Alexandre Tanzi
This year, 420,000 apartments are expected to be delivered nationwide, according to a study by listing service RentCafe. It would be the second year in a row that the industry tops 400,000 units, a mark that was last reached in 1972.
https://www.bloomberg.com/news/articles/2022-08-22/new-apartments-at-50-year-high-may-ease-pressure-on-us-rents?srnd=premium#xj4y7vzkg