West Coast Housing Fundamentals Positive, Essex Property Trust CEO Says

Michael Schall, president and CEO of Essex Property Trust, Inc. (NYSE: ESS), participated in a video interview at Nareit’s 2018 CEO Forum & Advocacy Day in Washington, D.C.

Schall discussed fundamentals across the housing sector.

“The national economy is better and that supports our expectation for market rent growth of around 3 percent in 2018,” Schall said. Underlying that estimate is the combination of limited supply and “decent job growth,” he added.