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Is There a Housing Crisis in the US?
I don't have a super strong position on that, but I do think I have like a maybe decent framework thinking about it. The first point is as investors or whoever we are, a lot of times we'll talk on podcasts about this will happen. Our job is to assess the five, six, three different paths the future could take and then think about probabilities of each of those. So when we think about housing, his first point is I think generals always fight the last four.