https://fred.stlouisfed.org/graph/?g=1slOZ https://fred.stlouisfed.org/graph/?g=1slOZ Vacancy rates peaked around the subprime crisis and are back down close t

https://fred.stlouisfed.org/graph/?g=1slOZ https://fred.stlouisfed.org/graph/?g=1slOZ Vacancy rates peaked around the subprime crisis and are back down close to norms. 2022 was about the lowest it's been in decades. Vacancy doesn't mean lying fallow, they can be between owners/tenants. There is also likely a huge mismatch between available inventory and location.