Whatever course of action the firm ends up pursuing there has been
enough value appreciation in retail assets over the past two years for Blackstone to do well, according to Fasulo.
While rising rents and home
values have benefited many along the way, they have become
enough of a burden on young adults and families that a new political movement has emerged; this movement argues that more homes must be built in order to mitigate housing price
appreciation and allow more people to live where they wish.