Nah, the main problem is still supply of new construction. We’ve been behind pretty much ever since Covid, and demand has only increased. That has much stronger explanatory power than whatever BlackRock is doing, especially since treasuries are interesting again.
Nah, the main problem is still supply of new construction. We’ve been behind pretty much ever since Covid, and demand has only increased. That has much stronger explanatory power than whatever BlackRock is doing, especially since treasuries are interesting again.