In 2012 65 percent of the population lived in counties where it was more affordable to buy or rent, but that shrunk to 58 percent in favor of buying in 2013, and 56 percent in favor of buying in 2014 before dropping to 54 percent in favor of buying of 2015.
Source: www.realtytrac.com
Multifamily has been the darling of Tampa Bay commercial real estate for close to half a decade at this point, but five of the most recent developments to emerge could be the most meaningful of this real estate cycle.