Is There a Hard Landing?

I think the adjustment is happening, but it's not complete. You've seen this some push into renting, which is increasing demand for rentals when there's still some lag in terms of getting all that supply into the market. And frankly, one of the ways it will come in terms of normalizing inflation and particularly rental inflation is through the demand side. What's your sense of how likely or unlikely a hard landing? I hate using that. But a recession that's somewhat significant is given the report that we got yesterday on CPI.