Ben Keyes

Well, we have to be excited about what's happening in New York City, which just recently – is dedicating itself to adding 500,000 units over the next 10 years. It's an incredibly ambitious goal. New York hasn't built like that since the 1960s, but in many ways, that's what we need.

Well, we have to be excited about what's happening in New York City, which just recently – is dedicating itself to adding 500,000 units over the next 10 years. It's an incredibly ambitious goal. New York hasn't built like that since the 1960s, but in many ways, that's what we need.

Well, we have to be excited about what's happening in New York City, which just recently – is dedicating itself to adding 500,000 units over the next 10 years. It's an incredibly ambitious goal. New York hasn't built like that since the 1960s, but in many ways, that's what we need.

We need a return to a period where people are comfortable with the messiness of construction happening around them as we find ways to accommodate so many missing housing units. So I'm excited about that plan. I want to see it move forward into some more specifics, but I think there is a renewed support for development.

We need a return to a period where people are comfortable with the messiness of construction happening around them as we find ways to accommodate so many missing housing units. So I'm excited about that plan. I want to see it move forward into some more specifics, but I think there is a renewed support for development.

We need a return to a period where people are comfortable with the messiness of construction happening around them as we find ways to accommodate so many missing housing units. So I'm excited about that plan. I want to see it move forward into some more specifics, but I think there is a renewed support for development.

And this is growing out of a movement, a recognition that is a long time coming. And so I think where we see some bright spots is the fact that city governments that are in many cases the critical choke point for development, looking for ways to cut red tape, to improve their zoning code, to make life simpler for developers, and ultimately get units built.

And this is growing out of a movement, a recognition that is a long time coming. And so I think where we see some bright spots is the fact that city governments that are in many cases the critical choke point for development, looking for ways to cut red tape, to improve their zoning code, to make life simpler for developers, and ultimately get units built.

And this is growing out of a movement, a recognition that is a long time coming. And so I think where we see some bright spots is the fact that city governments that are in many cases the critical choke point for development, looking for ways to cut red tape, to improve their zoning code, to make life simpler for developers, and ultimately get units built.

And so I'm excited to see what happens in New York. And that will be a test case going forward if they can hit that ambitious target.

And so I'm excited to see what happens in New York. And that will be a test case going forward if they can hit that ambitious target.

And so I'm excited to see what happens in New York. And that will be a test case going forward if they can hit that ambitious target.

Yeah, the silver tsunami sort of sounds like a low-budget Marvel superhero. I think generally in the housing market, things move quite slowly. And so what we're talking about is a generation essentially turning over its housing to the next generation. And that's unlikely to cause a flood of housing or

Yeah, the silver tsunami sort of sounds like a low-budget Marvel superhero. I think generally in the housing market, things move quite slowly. And so what we're talking about is a generation essentially turning over its housing to the next generation. And that's unlikely to cause a flood of housing or

Yeah, the silver tsunami sort of sounds like a low-budget Marvel superhero. I think generally in the housing market, things move quite slowly. And so what we're talking about is a generation essentially turning over its housing to the next generation. And that's unlikely to cause a flood of housing or

or some dramatic glut of housing, I think ultimately it comes back to the question of, are the houses near where the jobs are? And if the houses are near where the jobs are, then that can be very desirable and would be something that would relax some of the pressure on these high-cost markets.

or some dramatic glut of housing, I think ultimately it comes back to the question of, are the houses near where the jobs are? And if the houses are near where the jobs are, then that can be very desirable and would be something that would relax some of the pressure on these high-cost markets.

or some dramatic glut of housing, I think ultimately it comes back to the question of, are the houses near where the jobs are? And if the houses are near where the jobs are, then that can be very desirable and would be something that would relax some of the pressure on these high-cost markets.

But when you look into the data, and Zillow had a nice report on this recently, a lot of those mismatched houses where you have older homeowners with a lot of extra bedrooms, a lot of those are located in in some of the Rust Belt cities, your Detroit's and your Buffalo's and cities like that. And so that's not necessarily where the jobs are being created.

But when you look into the data, and Zillow had a nice report on this recently, a lot of those mismatched houses where you have older homeowners with a lot of extra bedrooms, a lot of those are located in in some of the Rust Belt cities, your Detroit's and your Buffalo's and cities like that. And so that's not necessarily where the jobs are being created.