Luis Chavez: “We're down to, like, 2% [vacancy rates].”

“So southeast Fresno has seen a lot of the increased population, which then leads to less inventory. It used to be, back in the day, where we had anywhere from eight to 10% vacancy rates. We're down to, like, 2% [vacancy rates]. So that pushes prices up even more. So that's why I keep saying that this is a problem we can literally build our way out of.” (18:28–18:30)

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