GURU.Markets stock price, segment price, and overall market index valuation
The company's share price Legacy Housing
Legacy Housing manufactures and finances prefabricated homes. Its stock price is driven by demand for affordable housing. The chart reflects the state of this specific segment of the real estate market, which attracts buyers on a budget.
Share prices of companies in the market segment - Accommodation
Legacy Housing manufactures and sells affordable housing—mobile homes, which are a key segment of the US real estate market. We've categorized the company under "Housing." The chart below shows the performance of the prefabricated and mobile home manufacturing sector.
Broad Market Index - GURU.Markets
Legacy Housing produces and sells affordable housing—mobile homes, a key segment of the US real estate market. Its operations are included in the GURU.Markets index. The chart below compares its performance to the overall market.
Change in the price of a company, segment, and market as a whole per day
LEGH - Daily change in the company's share price Legacy Housing
For Legacy Housing, a mobile home manufacturer, change_co is a measure of the response to the affordable housing market. Daily fluctuations reflect sensitivity to interest rates and demand from low-income groups. This metric is important for analyzing the construction sector on System.GURU.Markets.
Daily change in the price of a set of shares in a market segment - Accommodation
Legacy Housing Corporation is a manufacturer of manufactured homes. This chart highlights the high volatility of the construction sector. Comparing it to LEGH, which focuses on affordable housing, helps assess its sensitivity to interest rates and the state of the real estate market.
Daily change in the price of a broad market stock, index - GURU.Markets
Legacy Housing is a manufacturer of pre-fabricated homes. Its business depends on the state of the affordable housing market. The chart below shows the overall market volatility, which largely follows the same cycles as the construction sector.
Dynamics of market capitalization of the company, segment and the market as a whole over 12 months
Annual dynamics of the company's market capitalization Legacy Housing
Legacy is a leader in prefabricated and modular home building in the United States. Its year-over-year growth is a barometer of affordable housing demand. The chart below shows how the real estate market and interest rates impact its business.
Annual dynamics of market capitalization of the market segment - Accommodation
Legacy Housing Corporation is a manufacturer of modular homes. Its products offer an affordable alternative to traditional housing. This chart shows how the demand for affordable housing, the state of the real estate market, and its unique model, which includes financing, influence its performance in the construction sector.
Annual dynamics of market capitalization of broad market stocks, index - GURU.Markets
Legacy, a manufacturer of manufactured homes, is betting on affordable housing. Demand for its products often rises when traditional housing becomes too expensive. The company's stock price reflects this specific segment of the real estate market, which can behave differently than the custom-built market.
Dynamics of market capitalization of the company, segment and the market as a whole for the month
Monthly dynamics of the company's market capitalization Legacy Housing
APEI, a for-profit education company that owns American Public University, is a major contributor to the university's growth. The monthly fluctuations on the chart reflect the number of students, many of whom are military personnel. Changes in sector regulation and public funding for education are also important.
Monthly dynamics of market capitalization of the market segment - Accommodation
Legacy Housing specializes in the production and sale of affordable housing, specifically mobile homes. Construction sector dynamics, particularly in the economy segment, are sensitive to interest rates and the availability of credit. The chart below illustrates general housing market trends that directly impact demand for Legacy Housing products.
Monthly dynamics of market capitalization of broad market stocks, index - GURU.Markets
Legacy Housing Corporation builds and sells affordable manufactured homes (mobile homes). Its business depends on demand for affordable housing, which can rise during challenging economic times. The broader market graph allows us to assess how resilient its niche, serving one of the most affordable housing segments, has been to general economic cycles.
Dynamics of market capitalization of the company, segment and the market as a whole for the week
Weekly dynamics of the company's market capitalization Legacy Housing
Legacy Housing manufactures and sells prefabricated homes. The company's weekly stock price reflects demand for affordable housing, which can grow with high prices for traditional real estate and is sensitive to the availability of consumer finance.
Weekly dynamics of market capitalization of the market segment - Accommodation
Legacy Housing is a manufacturer of prefabricated homes. Comparing its weekly performance with the homebuilding sector reveals its niche. The chart allows one to assess how demand for affordable housing, especially during periods of high interest rates, may allow it to outperform traditional home builders.
Weekly dynamics of market capitalization of stocks of the broad market, index - GURU.Markets
Legacy Housing, a manufacturer of prefabricated homes, is highly dependent on the housing market. Comparing its weekly performance with the broader market reveals this sensitivity. The chart clearly demonstrates how the company's shares outperform the market on expectations of rate cuts and lag when the economy slows.
Market capitalization of the company, segment and market as a whole
LEGH - Market capitalization of the company Legacy Housing
Legacy Housing's market capitalization chart tells the story of the production and financing of affordable housing, specifically mobile homes. The company operates primarily in the southern US. Its dynamics reveal how investors value this niche but important segment of the real estate market, which benefits from the shortage of affordable housing.
LEGH - Share of the company's market capitalization Legacy Housing within the market segment - Accommodation
Legacy Housing Corporation builds and sells affordable housing, primarily mobile homes. The company's share of the housing sector reflects its leadership in this important niche. The chart below shows the manufacturer's weight in the market, which provides housing for millions of low-income Americans.
Market capitalization of the market segment - Accommodation
Legacy Housing produces and sells affordable housing, also known as "mobile homes." The chart below shows the overall market capitalization of the housing construction sector. It reflects demand for affordable housing, which can increase during periods of economic uncertainty or high prices for traditional real estate.
Market capitalization of all companies included in a broad market index - GURU.Markets
This chart shows the affordable housing business. Legacy Housing manufactures and finances the purchase of manufactured homes. Its capitalization line is a barometer of demand for affordable housing, which is growing as traditional homes become unaffordable for many Americans.
Book value capitalization of the company, segment and market as a whole
LEGH - Book value capitalization of the company Legacy Housing
Legacy Housing's material foundation is its mobile home manufacturing plants and the portfolio of loans issued for their purchase. Its book value reflects this vertically integrated capital. The chart below shows how the company manages its production and financial assets while serving the affordable housing market.
LEGH - Share of the company's book capitalization Legacy Housing within the market segment - Accommodation
Legacy Housing manufactures and sells prefabricated homes. The company's strength lies in its factories, where affordable homes are built and then transported to the installation site. The chart shows the company's share of the physical production infrastructure for this segment of housing construction.
Market segment balance sheet capitalization - Accommodation
In the capital-intensive construction sector, Legacy Housing is a true heavyweight. Its mobile home manufacturing business is supported by its own factories and dealerships—a solid physical foundation.
Book value of all companies included in the broad market index - GURU.Markets
Legacy Housing's assets are mobile home manufacturing plants, which are among the most affordable types of housing in the United States. The book value reflects the company's industrial potential in this important segment of the housing market. The chart shows the manufacturer's physical presence in the construction industry.
The ratio of market capitalization to book capitalization of a company, segment, and the market as a whole
Market capitalization to book capitalization ratio - Legacy Housing
Legacy, a mobile home manufacturer, is valued near its book value. This reflects its focus on the affordable housing segment, which is stable but not expected to offer high profitability or rapid growth in the eyes of investors.
Market to book capitalization ratio in a market segment - Accommodation
Legacy Housing produces and sells affordable housing (mobile homes). Its business benefits from the shortage of affordable housing. The chart shows how investors assess its production capacity and ability to meet demand in this market segment.
Market to book capitalization ratio for the market as a whole
Legacy Housing produces and sells affordable housing—mobile homes. This is a niche segment of the real estate market, targeting low-income consumers. The company's valuation is based on the availability of financing for its clients and the overall economic situation. This metric reflects the market's perception of the prospects for this housing segment.
Debts of the company, segment and market as a whole
LEGH - Company debts Legacy Housing
Legacy Housing produces and finances affordable housing (mobile homes). Its debt burden stems not only from production but also from its loan portfolio issued to buyers. This chart reflects the dual nature of its business: as both an industrial company and a financial institution.
Market segment debts - Accommodation
Legacy Housing manufactures and sells affordable housing, primarily mobile homes. The company also provides financing for buyers. This chart illustrates how a manufacturer operating in the affordable housing segment manages its capital, balancing production needs with the risks associated with its own loan portfolio.
Market debt in general
Debt to book value of the company, segment and market as a whole
The company's debt to book capitalization ratio Legacy Housing
Legacy Housing Corporation manufactures and sells affordable housing—mobile homes. This business requires production facilities and financing for finished product inventory. The company can also provide loans to buyers. This chart shows how it uses debt to support its production and lending in the affordable housing market.
Market segment debt to market segment book capitalization - Accommodation
Legacy Housing produces and sells affordable housing, also known as "mobile homes." This market segment is sensitive to the availability of financing for buyers. This chart shows how the company manages its debt for production and dealer financing, relating it to the market capitalization of the entire housing construction sector.
Debt to book value of all companies in the market
Legacy Housing Corporation produces and sells affordable housing, also known as mobile homes. This segment of the construction market is sensitive to interest rates and the availability of credit for buyers. How does the company manage its debt? This chart of total debt in the economy provides context for assessing its financial stability and risks.
P/E of the company, segment and market as a whole
P/E - Legacy Housing
Legacy Housing is a manufacturer and retailer of affordable housing, primarily mobile homes. This chart shows how investors value the company in a market focused on low-income consumers. This valuation is driven by demand for affordable housing, which can increase during periods of economic uncertainty.
P/E of the market segment - Accommodation
Legacy Housing is a company that builds, sells, and finances manufactured homes (also known as mobile homes). It focuses on affordable housing in the southern United States. This chart shows the average valuation for the housing sector, which helps understand how the market values this player in the affordable housing niche.
P/E of the market as a whole
Legacy Housing produces and sells affordable housing—mobile homes. Demand for its products rises as traditional housing becomes unaffordable. Does its valuation reflect this countercyclical factor, or is it subject to the same interest rate and consumer confidence risks as the entire housing sector?
Future P/E of the company, segment and market as a whole
Future (projected) P/E of the company Legacy Housing
Legacy Housing manufactures and sells affordable housing—mobile homes. The company also provides financing for their purchase. This chart illustrates future revenue expectations, which depend on demand for affordable housing, interest rates, and the economic situation in the southern US states where its business is concentrated.
Future (projected) P/E of the market segment - Accommodation
Legacy Housing manufactures and sells affordable housing, primarily mobile homes, and provides financing for their purchase. The company targets the low-income segment. The chart shows expectations for the housing sector. This helps assess how the market perceives Legacy's niche and demand for its products, especially in the context of rising prices for traditional housing.
Future (projected) P/E of the market as a whole
Legacy Housing Corporation produces and sells affordable housing (mobile homes). Demand for its products grows when traditional housing becomes too expensive for some people. This graph, reflecting the state of the real estate market and the economy, helps assess the demand for alternative and more affordable housing options.
Profit of the company, segment and market as a whole
Company profit Legacy Housing
Legacy Housing Corporation builds and sells manufactured (mobile) homes. This affordable housing, demand for which increases during periods of economic uncertainty, is key. The company's profit depends on sales volume and material costs. This chart shows how the company operates in the affordable housing niche and how the real estate market impacts it.
Profit of companies in the market segment - Accommodation
Legacy Housing manufactures and sells affordable housing, primarily mobile homes. This graph, showing profitability in the housing sector, reflects the demand for affordable housing options. As traditional home prices rise, more and more people are turning to Legacy products, making them a key player in bringing home ownership to Americans.
Overall market profit
Legacy Housing Corporation builds and sells affordable housing, primarily mobile homes. Demand for these products is high among low-income households and grows during periods when traditional housing becomes less affordable. The company's performance may differ from the overall corporate earnings picture, as it serves a specific and stable niche in the housing market.
Future (predicted) profit of the company, segment and market as a whole
Future (projected) profit of the company Legacy Housing
Legacy Housing Corporation manufactures and sells affordable housing—mobile homes. The company focuses on the southern United States and offers financing for buyers. This chart reflects analysts' forecasts for affordable housing demand, which depends on the state of the real estate market and the availability of mortgage financing for low-income individuals.
Future (predicted) profit of companies in the market segment - Accommodation
Legacy Housing Corporation builds and sells affordable housing, primarily mobile homes. Demand for its products depends on the affordability of traditional housing and mortgage rates. This construction sector chart helps assess overall housing market trends, where Legacy products are an important alternative for many buyers.
Future (predicted) profit of the market as a whole
Legacy Housing produces and finances affordable housing (mobile homes). Demand for its products depends on the state of the real estate market and the incomes of low-income households. This chart, reflecting general economic expectations, helps assess the solvency of its target audience.
P/S of the company, segment and market as a whole
P/S - Legacy Housing
Legacy Housing Corporation builds and sells affordable housing, primarily mobile homes. The chart shows how investors value the company's revenue in the affordable housing segment. It reflects the growing demand for affordable homeownership options amid high traditional real estate prices and inflation, making its products highly sought after.
P/S market segment - Accommodation
Legacy Housing Corporation builds and sells affordable housing, also known as manufactured homes. The company's revenue depends on demand for affordable housing options, which can increase during periods of economic uncertainty. This industry benchmark provides an insight into how investors perceive Legacy's business model in the context of overall real estate market trends.
P/S of the market as a whole
Legacy Housing Corporation produces and sells affordable housing—mobile homes. The company targets the low-income segment. This chart, which reflects overall market revenue valuation, helps understand how the market values a business that addresses housing affordability while also relying on the financial health of its customer base.
Future P/S of the company, segment and market as a whole
Future (projected) P/S of the company Legacy Housing
Legacy Housing manufactures and sells affordable housing—mobile homes. Demand for the company's products rises during periods when traditional housing becomes unaffordable for many. This chart reflects investor expectations for future demand for affordable homes, which depends on mortgage rates and the overall economic situation.
Future (projected) P/S of the market segment - Accommodation
Legacy Housing Corporation builds, sells, and finances manufactured homes (mobile homes) and tiny homes targeting the affordable segment of the US housing market. The company offers a comprehensive solution for buyers. This chart shows average revenue projections for the housing sector. It allows for a comparison of how the market views Legacy Housing's niche business model.
Future (projected) P/S of the market as a whole
Legacy Housing produces and sells affordable housing—mobile homes. This chart shows general market forecasts based on income. Demand for Legacy Housing products is an indicator of the state of the affordable housing market and the financial situation of low- and moderate-income households. During periods of rising prices for traditional housing, its business may experience increased demand.
Sales of the company, segment and market as a whole
Company sales Legacy Housing
This chart illustrates the sales of Legacy Housing, a company that builds, sells, and finances manufactured (mobile) homes. Revenue is generated from direct sales of homes to dealers and retailers, as well as from interest income on loans. The trend reflects the demand for affordable housing in the US, particularly in the southern states.
Sales of companies in the market segment - Accommodation
Legacy Housing Corporation produces and sells affordable housing—mobile homes, which are a key component of the US real estate market, particularly in the southern states. This chart shows the dynamics of the housing sector. Legacy meets the demand for affordable housing, and its sales volumes are an indicator of the health of this important market segment.
Overall market sales
Legacy Housing Corporation produces and sells affordable housing (mobile homes). Demand for its products grows as traditional housing becomes less affordable. The overall economic situation, reflected in this graph, impacts the real estate market and household incomes, driving demand for alternative housing options.
Future sales volume of the company, segment and market as a whole
Future (projected) sales of the company Legacy Housing
Legacy Housing manufactures and sells affordable housing—mobile homes. The company's future revenue depends on demand for affordable housing, particularly in the southern US. This chart shows analysts' forecasts for the affordable housing market and consumer confidence.
Future (projected) sales of companies in the market segment - Accommodation
Legacy Housing manufactures and sells affordable housing—mobile homes, a key segment of the US real estate market. The company also provides financing for buyers. This chart shows the forecast for the entire construction sector, where Legacy Housing's products meet the demand for affordable housing.
Future (projected) sales of the market as a whole
Legacy Housing produces and sells affordable prefabricated housing. Demand for its products is growing as traditional housing becomes too expensive for many families. This graph reflects the overall state of the economy, and Legacy Housing's sales are an indicator of housing affordability and the financial situation of low- and moderate-income households seeking alternative housing options.
Marginality of the company, segment and market as a whole
Company marginality Legacy Housing
Legacy Housing Corporation builds and sells affordable housing—so-called "mobile homes." The company's profitability depends on the demand for affordable housing and the efficiency of its production processes. This chart shows how the company meets the important social need for affordable housing, turning it into a profitable business.
Market segment marginality - Accommodation
Legacy Housing builds, sells, and finances manufactured homes (also known as mobile homes). Profitability depends on the demand for affordable housing and the efficiency of their vertically integrated model. This chart shows operating results. A comparison with other developers highlights their unique niche in the housing market.
Market marginality as a whole
Legacy Housing produces and sells affordable housing—mobile homes. They target the low-income segment. This overall profitability curve is important to them, but its impact is ambiguous. On the one hand, economic growth increases their clients' solvency. On the other hand, during difficult times, demand for affordable housing can even increase.
Employees in the company, segment and market as a whole
Number of employees in the company Legacy Housing
Legacy Housing manufactures and sells prefabricated homes. Its staff works at manufacturing facilities and dealerships. This chart reflects its production capacity and ability to meet the demand for affordable housing, which is the key driver of its business.
Share of the company's employees Legacy Housing within the market segment - Accommodation
Legacy Housing produces and sells affordable prefabricated housing, also known as mobile homes. This chart reflects the company's production scale. It shows the proportion of workers and construction workers in this segment of housing construction employed at its factories. This is a direct indicator of its ability to meet the demand for affordable housing, particularly in the southern US.
Number of employees in the market segment - Accommodation
Legacy Housing Corporation builds, sells, and finances manufactured homes (mobile homes) and tiny homes. This chart reflects employment trends in the affordable housing sector. The growing number of builders and sellers in this niche indicates high demand for affordable housing options, especially during periods when traditional housing becomes less affordable for a significant portion of the population.
Number of employees in the market as a whole
Legacy Housing produces and sells affordable housing—mobile homes. The company targets low- and moderate-income buyers, offering them an alternative to traditional housing. Demand for its products is growing as housing affordability declines. This metric illustrates how companies operating in the affordable housing segment are responding to social and economic trends in the real estate market.
Market capitalization per employee (in thousands of dollars) of the company, segment, and market as a whole
Market capitalization per employee (in thousands of dollars) of the company Legacy Housing (LEGH)
Legacy Housing produces and finances affordable housing (mobile homes). This chart demonstrates the capital intensity of production. The company's value is concentrated in its factories, production lines, and home loan portfolio. The chart shows the market value of these production and financial assets per employee.
Market capitalization per employee (in thousands of dollars) in the market segment - Accommodation
Legacy Housing manufactures and sells prefabricated homes. This business combines manufacturing facilities and retail distribution. This chart helps evaluate how efficiently the company utilizes its factories and personnel to create affordable housing, reflecting productivity in the construction sector.
Market capitalization per employee (in thousands of dollars) for the overall market
Legacy Housing manufactures and sells prefabricated homes. This chart shows how the market values the company in the affordable housing sector. It reflects the efficiency of its production lines and the company's ability to control costs to offer affordable homes. This metric demonstrates labor productivity in a specific construction segment.
Profit per employee (in thousands of dollars) for the company, segment, and market as a whole
Profit per employee (in thousands of dollars) of the company Legacy Housing (LEGH)
Legacy Housing manufactures and sells affordable housing—manufactured homes. It's a manufacturing business focused on the affordable housing segment. This graph shows the efficiency of their factories: profit per employee depends on assembly line speed, material costs, and demand for affordable housing.
Profit per employee (in thousands of dollars) in the market segment - Accommodation
Legacy Housing (LEGH) is a manufacturer of manufactured housing. It's a manufacturing business driven by demand for affordable housing. This metric reflects how efficiently the company manages its factories and production costs to produce affordable homes.
Profit per employee (in thousands of dollars) for the market as a whole
Legacy Housing is a manufacturer of affordable housing (mobile homes). It's a B2B/B2C operation. This chart shows the operational efficiency of their factories. Profit per employee depends on the demand for affordable housing (mortgage rates) and their ability to manage material and labor costs.
Sales to employees of the company, segment and market as a whole
Sales per company employee Legacy Housing (LEGH)
Legacy Housing manufactures and sells affordable housing, primarily mobile homes. This chart shows the productivity of its factories. The increase in revenue per employee reflects strong demand for affordable housing, the efficiency of the production process, and the company's ability to manage its own dealership network and finance purchases.
Sales per employee in the market segment - Accommodation
Legacy Housing (LEGH) produces and finances affordable housing—mobile homes. This chart shows the total productivity of their employees, from factory workers to loan officers. It measures revenue per employee, comparing them to other manufacturers of manufactured homes.
Sales per employee for the market as a whole
Legacy Housing (LEGH) manufactures and sells affordable housing (mobile homes). The company also provides financing for their purchase. It is a manufacturing business. This chart shows how efficiently the company utilizes its factories and personnel to produce and sell homes, as well as how efficiently it generates interest income from its loan portfolio.
Short shares by company, segment and market as a whole
Shares shorted by company Legacy Housing (LEGH)
Legacy Housing is a company that manufactures and sells affordable housing—mobile homes. This sector is sensitive to interest rates and the availability of consumer finance. The bearish sentiment shown in this chart reflects concerns that high rates will make financing for these homes unaffordable for their target audience.
Shares shorted by market segment - Accommodation
Legacy Housing manufactures and sells manufactured homes and provides financing for their purchase. This indicator reflects skepticism. "Short" here is a bet that the housing market downturn will hit even the "affordable" segment, or that their loan portfolio will perform poorly.
Shares shorted by the overall market
Legacy Housing builds manufactured homes (mobile homes), one of the most affordable housing segments. When recession fears rise on this chart, demand for traditional homes falls. But demand for LEGH's affordable housing may actually increase. This is an interesting case where pessimism can play into the company's hands.
RSI 14 indicator for a company, segment, and market as a whole
The company's RSI 14 indicator Legacy Housing (LEGH)
Legacy Housing (LEGH) is a manufacturer of manufactured homes—an affordable housing segment in the US. They also provide financing for buyers. This chart measures momentum. It shows "overbought" (above 70) amid the housing affordability crisis or "oversold" (below 30) due to rising rates hitting their customers.
RSI 14 Market Segment - Accommodation
Legacy Housing (LEGH) is a manufacturer of manufactured homes, one of the most affordable types of housing in the US. The RSI_14_Seg for "Accommodation" (housing construction) is an indicator of the real estate market's "temperature." It helps us understand whether LEGH's growth is a niche market or whether the entire sector is overheated.
RSI 14 for the overall market
Legacy Housing (LEGH) builds manufactured housing (trailer homes). This chart shows that its business is "housing of last resort." During panics and recessions, when people can't afford a house or apartment, demand for the cheapest housing (trailers) soars, making LEGH a "defensive" company.
Analyst consensus forecast for the company's share price, the segment, and the market as a whole
Analyst consensus stock price forecast LEGH (Legacy Housing)
Legacy Housing produces and finances affordable housing—mobile homes. They cater to budget-conscious buyers. This chart shows the analysts' average 12-month forecast, reflecting their expectations for the affordable housing market and the quality of the company's loan portfolio.
The difference between the consensus estimate and the actual stock price LEGH (Legacy Housing)
Legacy Housing (LEGH) is a manufacturer and financier of manufactured homes. This is the most affordable housing segment in the US. The company also owns communities for these homes. This chart shows the difference between the consensus forecast and the price. It reflects whether analysts believe demand for affordable housing will grow.
Analyst consensus forecast for stock prices by market segment - Accommodation
Legacy Housing (LEGH) is a manufacturer of affordable housing (manufactured homes), primarily operating in the southern United States. This chart shows the general expectations of analysts for the housing sector. It reflects whether experts believe there will be demand for manufactured housing amid high prices for traditional homes.
Analysts' consensus forecast for the overall market share price
Legacy Housing (LEGH) is a people's housing company. They build manufactured homes in Texas—the cheapest housing option. This graph, reflecting expert expectations, influences them. In a recession (pessimism), their business model (low cost) benefits as people flee expensive housing.
AKIMA index of the company, segment and market as a whole
AKiMA Company Index Legacy Housing
Legacy Housing is an affordable housing producer. They build and sell manufactured homes, primarily in the Sun Belt (Texas), and also finance their purchase. This chart is a barometer of affordable housing. It likely aggregates their home production volumes, prices, and, importantly, the quality of their underlying loan portfolio (MBS).
AKIMA Market Segment Index - Accommodation
Legacy Housing (LEGH) is a vertically integrated affordable housing company that builds manufactured homes (trailers) and also finances their purchase. This composite metric evaluates companies. The graph shows the sector average. This benchmark: how does this hybrid (construction + finance) model (LEGH) differentiate it from the average competitor?
The AKIM Index for the overall market
Legacy Housing is a manufacturer and financier of manufactured and modular homes. Focused on affordable housing, this chart, which reflects the market average, provides a macro backdrop. It helps assess how Legacy Housing, which benefits from the shortage of affordable housing but is dependent on rates, compares to the overall macroeconomic situation.