Hotels and Multifamily: Why Are We Optimistic?

Richard Quest: Why are we optimistic about those sectors and ways that we might not be when it comes to office? Quest: It's not just a problem in the United States, it's throughout the developed world. We do not build enough houses. So as people become a little bit more confident about the economy not going into recession, then you're going to see the rebound in terms of leasing for multifamily. On the travel side of things, the demographics that like to travel have just swelled in size.