Single professionals earning $30,000 to $45,000 a year can't afford rent in most places. Affordable housing projects can generate double or triple the income of traditional rentals, making them profitable and necessary at the same time.
We're providing affordable housing to people who otherwise would be homeless because they're making— I mean, you think about the demographic of people making $30,000 to $45,000. It's very hard for them to find anything affordable where they can pay rent and all their utilities and all their living expenses in today's economy. It's just, it's very difficult. So a lot of these single professionals need more affordable housing, right? Inventory. So we're helping to provide that. And so In that sense, it's goodwill. But from an investment perspective, you're making double, sometimes triple the amount of rent that, you know, compared to a long-term rental.
