is joined by Wedbush Securities Managing Director of Equity Research Richard Anderson to discuss the top stock picks in the real estate sector.as a stock for investors to buy. He acknowledges that the company has short-term exposure to excessive supply but notes,"supply is going to start to hockey stick down" in the coming years, which he says"will be a real good period of time" for the company.
Oh by all means, the jobs move to the Sun belt in migration trends to the Sun belt, there will be more in the way of capturing market share of new home uh home or household formations because people simply can't buy a home. Um Let's talk about the short part of the hockey stick when it comes to supply because, you know, after this ramp up, you think in generally in the market, there's gonna be tighter supply, right?
And so to the extent we lose that, that sort of that edge of job growth to the just generally in the in the United States, but also moving into the sun belt.So let's get to the fact that you like le less that you don't like as much here.And those folks are working from home a lot more.It's kind of the tech play in multifamily if I could say that 41% in Northern California, 15% in Seattle.
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