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what is 3 categories of the biggest growth in investment real estate in the next several years please include elder care and projected growth in all categories

Date : Apr 24, 2024 Category : Real Estate News
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1. Student Housing: The demand for student housing is increasing significantly, due to the rapid rise of college enrollment over the past decade. Projected growth is estimated to be approximately 4-5% annually.

2. Senior Housing: The senior population is growing rapidly due to the aging baby boomer generation and this trend is expected to continue for decades. Elder care investment real estate is projected to expand at a rate of 8-10% annually, with a focus on specialized housing and services such as memory care or assisted living.

3. Multifamily: Multi-family housing is a popular investment property and continues to be a lucrative asset class due to strong rental demand and positive outlook for rental growth. Projected growth in multi-family residential properties is roughly 6-7% annually.

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