Mid-America Apartment: No Reason To Wait For Supply Demand Inflection Point, Buy Now
MAA(MAA) Seeking Alpha·2024-08-10 05:57
peeterv My previous article on Mid-America Apartment Communities, Inc. (NYSE:MAA) was issued right after the publication of its Q1 2024 earnings report. I indicated that MAA is still a clear buy despite short-term headwinds on the supply end. The overall idea was that the decreased construction starts, restrictive financing for households to buy new homes, and MAA's solid balance sheet should lead to a significant value creation as the current oversupply issue gets gradually resolved. Since the publication ...