Excellent Housing Insights Digest by Oliver Chang.
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Morgan Stanley Housing Market Insights
Key Conclusions:
- The Homeownership rate will not be increasing any time soon and has farther to fall
- Growth in the ideal renter ranges of 18 to 35 and over 55 is increasing as expected and will continue
- Supply is still constrained and will continue to be constrained due to structural issues that will take a significant amount of time to correct