Investors Favor Affordable Housing Plays in the Asia Pacific Region urbanland.uli.org
With investors across the Asia Pacific continuing to avoid mainstream asset classes as they seek out higher returns and more reliable income streams, attention has turned increasingly to “living assets”—a broadly defined concept that includes the multifamily, senior living, and student housing sectors. Investors are beginning to migrate to projects involving development of affordable multifamily housing, an area that until recently drew next to no attention in the region. Now it’s starting to gain traction as higher interest rates, weak economies, and persistently high home prices make home ownership out of reach for many.
