Although interest rates are on the rise at a faster clip than at any other time in recent history, the fed has historically lowered rates within two years following the past ten rate hike peaks. This is one of the reasons that over a long period of time, multifamily apartments are a resilient and safe asset class to invest in, especially in growing markets. J Scott, a multifamily investor, owns six apartment buildings across 800 units in Houston with fixed, long-term debt. J loves Houston for its immense population expansion (the second fastest in the country), job growth and diversity of industry and jobs.