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Do You Think Rates Are Going Up?
The baby boom generation caused a big bulge of rates and inflation in the late seventies, early eighties. And what you're seeing happening right now is the millennials a little bit behind the boomers because they get married later and have kids later. That inflection point starts in two thousand 23. I gat a seven year option expiring at two thousand 28. Gives me optionality right into the meat of this thing. i'm buying it now while he rates are still very low. Volatila is very low. It's just that they don't own any, they own very few assets right now, and aren't at that important. But yet, as we've