Again I’m not saying supply isn’t an issue, and zoning is def a major problem in many states. But if the issue was only supply, rent would be growing more or less in line with the population not at the astronomical rate that it is.
yeah but due to immigration the population is growing in the USA, AFAIK, also you need to account for the trend of Urbanization (somewhat offset by move to WFH)
Again I’m not saying supply isn’t an issue, and zoning is def a major problem in many states. But if the issue was only supply, rent would be growing more or less in line with the population not at the astronomical rate that it is.
yeah but due to immigration the population is growing in the USA, AFAIK, also you need to account for the trend of Urbanization (somewhat offset by move to WFH)