The biggest threats and opportunities facing multifamily right now with Jay Parsons

Multifamily Unpacked

• 38 min

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Multifamily faced years of flat rents, elevated supply and rising costs—but is the market finally starting to turn? Tyler Christiansen, CEO of Funnel Leasing, sits down with housing economist and The Rent Roll host Jay Parsons to unpack what’s happening across rental housing and what operators should expect next. They explore why development is becoming even more difficult, where rent growth could return first and why the next cycle will create clear winners and losers. They also discuss: Why scale is becoming essential for developers How lower supply could reshape rent growth Whether multifamily has become too reliant on concessions What renter health data actually tells us Why demand remains strong despite sluggish rents The growing regulatory pressure facing operators Where AI and centralization can—and can’t—reduce costs Why Jay remains optimistic about multifamily’s future Plus, Jay shares the thinking behind his new podcast, The Guest Card.