Rents Are Rising in the Multi-Family Space

Rents rise when demand grows higher than supply and wages increase to the point it can support a higher rent payment. Multi-family particularly is one asset that I think is exposed in more areas than single-family because we've been building more of those units. We haven't been building as much single-family housing in those same spaces. So be, you know, it's all about the underwriting and making sure you're in a landlord friendly area.

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