Dave:
Great. Well I do want to talk about the regional differences because obviously those are super important. We do have to take a quick break though. We’ll be right back. Welcome back to On the Market, I’m here with economist Lu Chen. We’re talking about the surprising headline that renter affordability has been improving over the last several years and is now near pre pandemic levels or maybe at pre pandemic levels depending on how you define it. As Lu pointed out for us before, we talked about some of the national trends that rent growth is a little bit sluggish, incomes have been going up a bit, but we alluded to the fact that there are big regional differences. So maybe Lu, you can tell us what are the high level trends that you’re seeing on a regional or local basis.
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