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Historically Tight Labor Market Boosts Real Estate

Jan 29, 2020

Research Brief: Employment
January 2020

Marcus & Millichap’s newest Research Brief includes:
– More people emerging from the sidelines to join historically strong job market.
– Historically tight underemployment fueling housing demand.
– Low inflation pulls down on wage growth
– Labor shortage continues to change hiring dynamics
– Minimum wage hikes lift earnings for many

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