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Is Inflation Pushing Rents Up?
There's still a demand for rental housing, and I think the demand is going to continue. It's nearly impossible for a lot of people to buy a home right now with where interest rates are. We had record low interest rates for 10 plus years. So I think what you're going to see is people that are having financial trouble, one aren't going to be able to buy homes. But if they get in real trouble, they're not going to being able to pay their rent. That's a scary situation, I think, for all asset classes.