The point is that housing is required to live. Apartments aren't being built at a rate that keeps YoY growth in houses to <5%, which is a lot of growth compared

The point is that housing is required to live. Apartments aren't being built at a rate that keeps YoY growth in houses to <5%, which is a lot of growth compared to inflation and wage trends but would be healthier than the growth we're seeing in some regions (eg. Atlanta suburb Lawrenceville, with 27% YoY growth[0]). 0: https://www.zillow.com/lawrenceville-ga/home-values/ https://www.zillow.com/lawrenceville-ga/home-values/