I think it was partly cultural, and partly to save money. 

This includes lots of partners who assured me they would NEVER have an issue because they ____ (fill the blank: grew up together, were frat brothers, served together, it is different in their culture, etc.)And remember that a lot of factors are out of our control, including losing a job, car accidents and Covid.

Not because so much because of the student tenant pool  (which can be a bonus), but because of the permanence of cultural depth they add to a community.Account Closed  Nice graphs.  

I can think of far more dubious "speculations" than that, that people do all the time, without anyone critiquing them for it.The dial turned to hyper mega turbo boost, where celebrities buy for $50m and then sell 8 years later for $40m, is too far, insufficient liquidity at those price points seems to create unpredictable volatility.

That mentality is baked into the culture in both Flint and Detroit in so many places it's not funny.So, if your population can't read, has no idea what professional behavior looks like, and has a cultural aversion to working harder than the other guy (lest you take his job) you aren't left with much.

You might need more people than that if it's a re-position and are looking to change the culture of the property.  

They tend to depend on each other a lot due to the cultural differences they have and lending a couch can be permanent to a lot of friends and relatives. 

Those numbers were permanently depressed in 2008, and they're not coming back barring an extraordinary cultural shift that we'll see a mile off.The supply chain problems don't help, as Account Closed mentions, but they're not the driving force.

Culture glorifies the healthy and the wealthy.

If you need a "culture translator" just let me know.