
Ivy Zelman on the Coming US Housing Crisis
Macro Hive Conversations With Bilal Hafeez
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What's Going to Happen to the Rental Market?
We're seeing at a time when demand is starting to fall, because of all the reasons you mentioned earlier, we're going to get a lot of new supply coming into the market. And then you have this bill to rent, where you could flood the market with rentals, assuming that completes as well. So it's just a question of how much competitive product will be in the market within the rental market. It starts competing in luxury class A with the bill for rent product that might be further out that the consumer has to drive to live there.
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