I agree with you in general, although I think the home prices probably overstate the case given the huge value transfer from commercial to residential real esta

I agree with you in general, although I think the home prices probably overstate the case given the huge value transfer from commercial to residential real estate for work-from-home purposes. Not that I think we'll go back to anything like the pre-pandemic distribution, but it'll be interesting to see where it nets out when the dust settles in 4-5 years.