A Look Ahead: Like inflation, uncertainties surrounding the faltering economy are looming over the markets while also highlighting the need for affordable housing
Uncertainty, which has been weighing on the markets throughout the year, will likely continue to be the major theme in the second half of 2022. Yet amidst this economic cloud, one thing seems clear: Inflation remains persistent. Thankfully, investor interest in the development and preservation of affordable housing remains strong, in part because of skyrocketing rents. But another reason is that affordable housing debt has represented a true ballast in this economic storm, as was the case during the Covid years of 2020 and 2021.