In this conversation, Mike Simonsen and Jay Parsons discuss the current state of the apartment market, focusing on trends in rents, supply dynamics, and the impact of institutional investors. They explore the challenges of affordability, the importance of policy in addressing housing issues, and the future outlook for the rental market. The discussion highlights the complexities of demand and absorption trends, as well as the potential for distress in certain segments of the market.

Jay Parsons Website

Jay Parsons on X

Academy