Bill Fulton

And that's where the YIMBY movement has come from, the Yes In My Backyard movement. There's a huge demographic reality. And so the political dynamic is changing, not because people are changing their mind, but because the demographic reality is changing. And that is what I think will prevail in the end.

People in the housing debate tend to try to find a silver bullet or tend to think, oh, if only X happened, everything would be fine. Oh, if we just converted all these office buildings to apartments, everything would be fine. And I think the answer is we've been underproducing housing in the United States for 30 years. It's become very expensive in any place that is remotely desirable.

People in the housing debate tend to try to find a silver bullet or tend to think, oh, if only X happened, everything would be fine. Oh, if we just converted all these office buildings to apartments, everything would be fine. And I think the answer is we've been underproducing housing in the United States for 30 years. It's become very expensive in any place that is remotely desirable.

People in the housing debate tend to try to find a silver bullet or tend to think, oh, if only X happened, everything would be fine. Oh, if we just converted all these office buildings to apartments, everything would be fine. And I think the answer is we've been underproducing housing in the United States for 30 years. It's become very expensive in any place that is remotely desirable.

It's probably a both and, and, and at this point. Over the next 10 or 15 years, we're going to have to do everything. It's not just converting office buildings. It's not just tearing down old malls and replacing it with housing. It's those things and more.

It's probably a both and, and, and at this point. Over the next 10 or 15 years, we're going to have to do everything. It's not just converting office buildings. It's not just tearing down old malls and replacing it with housing. It's those things and more.

It's probably a both and, and, and at this point. Over the next 10 or 15 years, we're going to have to do everything. It's not just converting office buildings. It's not just tearing down old malls and replacing it with housing. It's those things and more.