Cross posted from another board. Everyone here is in agreement concerning the increase in demand for SFH (single family homes). These buyers are/were living somewhere prior to purchase. Is the RENTAL apartment market seeing weak demand/lower occupancy? I assume some SFH rental owners may be selling to take a profit, which would push tenants into apartments, but somewhere along the chain buyers have to be leaving rentals. It seems like we had a stable chain of young renters to cheap house, cheap house to move up house, etc. and now demand for SFH has increased but the population has not. All of these people purchasing homes (and demand seems high across the country) whether with stimulus money or savings have to be LEAVING some kind of space empty, right? There is not some magic increase in 22 yr olds/apartment dwellers that is filling in the rentals left open at the start of the chain. Are the low priced/undesirable apartments suffering as everyone moves up a step?