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Annual Apartment Survey 2007 “Are We There Yet?” Ken Danter The Danter Company Columbus Apartment Association May 17, 2007 Demographic Trends Employment Trends Housing Starts Single Family Trends Condominium Trends Apartment Trends Outline Demographic Trends Columbus MSA
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Annual Apartment Survey2007“Are We There Yet?”Ken DanterThe Danter Company Columbus Apartment AssociationMay 17, 2007
Demographic Trends Employment Trends Housing Starts Single Family Trends Condominium Trends Apartment Trends Outline
Apartment Trends Columbus, Ohio
Single family entry level construction to be below sustainable levels for 3 to 5 years Continued conversions will reduce number of apartments in the market (and the same number of renters) Decreasing vacancies to stabilize at 6% to 7% over the next two years Rent increases of 1% to 1.5% per year Declining concessions The Future
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