Keep in mind that ten percent figure is not ten percent totally unoccupied for the entire year. The process of leasing is not immediate. In a similar way to ho

Keep in mind that ten percent figure is not ten percent totally unoccupied for the entire year. The process of leasing is not immediate. In a similar way to how 0% unemployment is not actually desirable or remotely achievable, you want some slack in housing markets so that people actually have price competition and choice.