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But we saved everything 🙂.
Jay Parsons reports that apartment rents are recovering, describing the rebound as similar to a partially deflated ball regaining its shape.
Parsons observes that year-to-date rent growth is at its highest level in four years but still falls short of pre-pandemic standards.
Parsons has previously highlighted that private equity investment has significantly expanded the U.S. housing stock. He also questioned reported figures, suggesting private equity likely owns most large apartment buildings. These observations provide context to his ongoing analysis of trends in the rental market.