That seems localized and also heavily driven by the market manipulations of and through government pushing urbanization and wasteful co-located office work, rat

That seems localized and also heavily driven by the market manipulations of and through government pushing urbanization and wasteful co-located office work, rather than pushing for distribution and decentralization and remote working. In the area I am spending some time in it seems to be a different situation. Several large apartment complexes were clearly planned/started a few years and are now approaching completion, while the influx of people has clearly declined. We are taking at the very least many hundreds of not thousands of apartment units. Many of the complexes are struggling to fill and existing complexes that have been sold and over-leveraged over the last several years are being poached with lease-up type deals, e.g., two free months. I would love to know if these complexes are also outperforming. My anecdotal intuition is that they are not doing well, and will only get worse if the urban lobby will succeed, which is likely as it is closer to and in control of power and more corrupted than the non-urban lobby.