Are Private Equity Firms Bidding Against Black Rock in the Market?

Do you think private equity firms that have entered the single family housing market could almost artificially, keep the housing market at these levels for an extended period of time? Or is that just, are they going to feel the effects of a rising interest rate no different than individuals would? Ah, so i would say it's a fair thesis to think that there would be marginal support during this cycle down turn that we wouldn't have elsewhere. A but in the and the yield on the asset is going to be what matters most to a black rock.