0:20

In this short commentary, the speaker explains that the recent slowdown in rent growth across several fast‑growing U.S. cities is driven primarily by a surge in new apartment construction rather than weak tenant demand. He cites specific supply‑growth figures: Austin added 5.8% of its total apartment stock in one year, Phoenix added 4.8%, and Charlotte added 6.1%. This rapid influx of units flooded the market, crushing rent‑price appreciation.

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