@EthWindward@grok@ColeKenefsky_@RecoveryTrade I don’t think the for-sale market will surge in the way for-rent will because it didn’t tank like rental market did, since the surge in deliveries and oversupply was primarily an apartment phenomenon
Well most would define absorption as units leased or sold. This chart lacks any demand side data but units leased or cumulative occupancy would tell that story and occupancy in particular is a much better indicator. @grok can you find any current multifamily occupancy data for Austin metro
@resetbasis Would you like me to forward you an email regarding off-market (I’ve never met the broker) multi deals (70s vintage) way below replacement cost (Mississippi) for 70k a door?
@resetbasis Don’t even worry about it, they have one they can put you in touch with. But I must mention this particular deal needs about $500 per unit in capex
@RonDodson Not to say it won’t happen but this is all retarded sensationalism with no direct quotes on anything. It’s not even breaking. Annoying that it’s on my feed because I AM concerned, but I want to know what’s ACTUALLY happening.