What is historical occupancy?

You mentioned there are multiple parcels, is this just a coincidence or historically are similar parcels available? 

I understand that historically, rates are pretty average, so i dont see them coming down much.America is significantly undersupplied in housing.

Good post with a few good ideas, thanks.A note about San Antonio, is that it historically has a big turnover in homes due to the military bases in the area.

Focusing on conservative estimates and fundamentals like location, schools, and market performance aligns with the way real estate has historically worked.

If curious, here are the last two: Jan 2023: Multifamily Real Estate is At Risk of CrashingFeb 2024: Multifamily is at High Risk of Continuing It's Historic CrashI think that the title for my 2025 analysis (likely Jan/Feb publication will be something more like:Multifamily is Finally Going to Hit Rock Bottom in Q2/Q3 2025 - Get Ready to Buy a LOT of itAs usual, I like to publish my draft thoughts here to get input from key players in the space and these forums, especially folks like @Brian Burke, to see if I am missing any high level areas, before I get into the weeds and look at the data more deeply and regionally. 

Does anyone have an historic framework in mind that we can use to navigate todays reality?

If rents go up ONLY LT historical average (4%), NOT post covid averages (post covid was 20%+ annually). 

Biggest challenge was the two end buildings were added to the historical registry so I had to obtain historical commission approvals.

I won't be investing in the riskiest/most supportable asset subclasses such as hotels, and tilt my portfolio the ones that have historically been more stable such as multifamily and single-family housing.