According to Managing Director Dave Bragg, when demographic trends are easy to spot, supply frequently will react accordingly. Green Street instead focuses on negative demographic trends, which can hinder prospects for growth in the future. In this brief video, Dave also talks about Green Street’s research on the regulation of land use as an important constraint on new supply, a topic seemingly of particularly interest in Miami’s Biscayne Bay and Everglades constrained location. Dave submits that the New York market is not nearly as supply constrained as most people believe, while West Los Angeles is the most constrained market in the country by far.