Source: Yahoo Finance —
If you’re passionate about investing in real estate, you may be considering buying an apartment building.
While it’s a lot of work to manage a multifamily property, an apartment building can have the potential to deliver a great return on your investment.
According to analysis from Allied Market Research, of the $11.4 trillion generated by the real estate market in 2021, North America alone held nearly two-fifths of the global market share. And many factors, including an increase in property values, a rise in urbanization, growing populations and technological advances continue to drive growth in the real estate investment market.
Allied projects the global market will nearly triple to $30.6 trillion by 2031.
But is buying an apartment as a real estate investment worth it?