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What Is the Bull Case for Multifamily?
Despite kind of the factors that you mentioned, the outlook for multifamily has continued to remain pretty strong. I think even as we talk about the market, slowing down a little bit over these past few months, that's still a very minor decline when we think about it relative to what's happened over the past couple of years. And so, you know, we have really seen that that round prices are continuing to go up. And over the long run, we are seeing strong demand.