finding silver linings in the apartment market

27
Silver Linings? Finding silver linings in the apartment market

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Page 1: Finding Silver Linings in the Apartment Market

Silver Linings?

Finding silver liningsin the apartment market

Page 2: Finding Silver Linings in the Apartment Market

If I were two-faced would I be wearing this one?(Abraham Lincoln)

Will this party ever end?(Pink)

Go Northwest young millennials(Horace Greely)

Honey I shrunk the apartment(Rick Moranis)

How to build a moat(Warren Buffet)

When you get to the bottom you go back to the top(Bono)

Seattle, where all investors are smarter than average(Garrison Keillor)

Page 3: Finding Silver Linings in the Apartment Market

“If I were two-faced would I be wearing this one?” (Abe Lincoln)

Page 4: Finding Silver Linings in the Apartment Market

2000 & newer$1,600

1999 & older$1,000

Page 5: Finding Silver Linings in the Apartment Market

2000 & newer$269,000

1999 & older$148,000

Page 6: Finding Silver Linings in the Apartment Market

Will this party ever end? (Pink)

Page 7: Finding Silver Linings in the Apartment Market

1985 – 199180,000 units 2010 - 2016

51,000 units

Page 8: Finding Silver Linings in the Apartment Market
Page 9: Finding Silver Linings in the Apartment Market

Go Northwest Young Millennials (Horace Greely)

Page 10: Finding Silver Linings in the Apartment Market
Page 11: Finding Silver Linings in the Apartment Market

2013 - 201744,000/yr

Page 12: Finding Silver Linings in the Apartment Market

Honey, I shrunk the apartment(Rick Moranis)

Page 13: Finding Silver Linings in the Apartment Market
Page 14: Finding Silver Linings in the Apartment Market
Page 15: Finding Silver Linings in the Apartment Market

How to build a moat(Warren Buffet)

Page 16: Finding Silver Linings in the Apartment Market
Page 17: Finding Silver Linings in the Apartment Market
Page 18: Finding Silver Linings in the Apartment Market

When you get to the bottom you go back to the top (Bono)

Page 19: Finding Silver Linings in the Apartment Market
Page 20: Finding Silver Linings in the Apartment Market
Page 21: Finding Silver Linings in the Apartment Market

Seattle, where all investors are smarter than average (Garrison Keillor not)

Page 22: Finding Silver Linings in the Apartment Market
Page 23: Finding Silver Linings in the Apartment Market
Page 24: Finding Silver Linings in the Apartment Market

Will they end up under water?

What’s ahead for investors?

Page 25: Finding Silver Linings in the Apartment Market
Page 26: Finding Silver Linings in the Apartment Market
Page 27: Finding Silver Linings in the Apartment Market

Hey, where did everyone go?

THE END THE BEGINNING