from the Atlanta Fed
Multifamily housing starts have seen nearly four consecutive years of growth, and some observers have begun to wonder if this real estate sector is becoming overheated. How much apartment construction is under way, and is it sustainable?
[click on image below to read the study]
Source: http://www.frbatlanta.org/documents/pubs/econsouth/14q2-multifamily-housing-the-american-dream.pdf