Where Do You See the Demand for Single Family Housing?

Shannon: We have a massive shortage in housing. I do think that we need the prices to come down for single family specifically. "I don't see any relief on the rent side," he says, because people move out of multifamily to buy single family and now they can't. So that's going to push more people into multifaith, which is going to create more of a demand for new construction" 'We're still in the game on the new construction,' Shannon adds.'There's no question that's happening.'

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