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The Prospects for Multifamily Starts
The vacancy rates were, if not at record low is pretty close. Best year for multifamily construction starts going back to the mid 80s. So it was that hot of a market. We see a decline here coming up, but still you'd have to go back to the 80s from a level perspective to get where we are. And there's what the rest shortage for single family is good for multi. Yeah.