What is your company's long-term approach to handling economic uncertainty in the multifamily sector?

What is your company's long-term approach to handling economic uncertainty in the multifamily sector?
 

I could be wrong on this, but I believe starts are down, and with the interest rates the way they are, I would imagine underwriting is way down. Not sure the lead time, but today's supply glut will likely turn into a supply crunch a few years down the road. (I'll let Jay Parsons tell me how wrong I am).

If that is correct, we have about 2 years more of having a focus on resident loyalty, and then the market will shift aggressively into rent increases.

So at the end of the day, I would say the poll options are more weighted towards short term goals versus long term ones, although I could be way off.