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Ilyce Glink: The State of Real Estate Today

The Long View

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The State of the State in Terms of the Lack of Affordable Housing

I'm a little concerned at the pace with which we're building new housing. Until we really start building in much larger numbers, I don't understand and I can't imagine how this housing shortage is going to go away. You've got a very large population bubble with millennials and now Gen Z that are coming into the marketplace. And so we've got to build it for them so that they can find it. When interest rates do go down, you're just going to have a feeding frenzy for the properties that are out there.

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