New High for New Apartment Renters

"Urban Pacific expects Class C unit to gain additional traction in this highly inflationary environment. Additionally, in recessionary and/or inflationary environments, families and roommates will tend to “combine” or as we call it “recombine” for families, i.e. come back together. An example would be adult kids moving home.
For the next 3-5 years we expect a shift from A/B to C. We also expect strong support and possibly acceleration in our UTH business plan, which provides new housing to this same market sector."