There has been so much talk about multifamily real estate that it has become a megatrend online. Checking statistics, you will find that there are about 5 million online searches globally about multifamily homes (data from combined terms, multifamily + apartments + flats, etc.) What could be the precursor for such trend?
At the beginning of the Covid-19 Pandemic, Airbnb occupancy rates dipped significantly as people opted to cancel their travel plans. Also, many counties put into place restrictions stopping Airbnb rentals from operating. Some counties restricted all but first responders and essential workers from renting Airbnb locations.