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Looking at the current state of US real estate , Lisa believes it ’ s largely positive in terms of opportunity , even with some of the challenges around higher interest rates , increasing environmental regulations and the pending election . “ I think multifamily continues to outperform ,” she adds . “ That ’ s driven by growth in urban markets with more and more people leaving high-cost areas . Higher interest rates have increased the demand for renting . So , occupancy rates rise , rent increases and that growing rental economy then fuels demand for space and increases real estate investment across the property types . From an affordability standpoint , high living costs in primary markets have pushed people into more affordable secondary cities .
“ Additionally , the worldwide shift towards deglobalization and nearshoring of manufacturing is particularly impacting North American markets . US policymakers are seeking to take advantage of this trend to boost the production of technology , therefore strengthening demand in advanced manufacturing , especially in the Southeast and Midwest states . Manufacturing facilities in Atlanta and Nashville now cost an average of $ 7414 and $ 7560 per square meter to build , respectively . The region is set to be a beneficiary of the global shift towards nearshoring , and key growth areas , including
▼ New York
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