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  "documentTitle": "Independence Realty Trust | Investor Presentation Deck | 45 slides",
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  "authorName": "Independence Realty Trust",
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  "sourceTypeLabel": "Investor relations",
  "presentationDate": "2023-11-01 00:00:00",
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  "pageNumber": 13,
  "pageCount": 45,
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      "kind": "chart",
      "text": "Home Ownership Monthly Cost(3) vs IRT In-Place Rents. On Average, Ownership Costs are 34% - 157% higher than IRT's Rent. 79% more to own a home.",
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      "text": "INDEPENDENCE REALTY TRUST",
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      "text": "IRT In-Place Monthly Rent Homeownership Cost",
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      "kind": "list",
      "text": "Median home price is approximately $434,000(1) across IRT's top 10 markets(2) weighted by NOI at the zip code level",
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      "kind": "list",
      "text": "Monthly Ownership Costs³ assume a 20% down payment and monthly estimates for insurance and real estate taxes",
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      "text": "Monthly Cost Premium to buy and own a home today ranges from 34% - 157% higher than IRT's top 10 markets' rents",
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      "text": "With interest rates expect to remain higher for longer, mortgage rates will remain high and support rental demand",
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      "kind": "title",
      "text": "Rent vs. Buy Differential Will Support Rental Demand in 2024",
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  "loops": [
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      "name": "Why Now",
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      "bestFor": "Sales pitches, fundraising, requesting immediate budget approval",
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      "evidence": "Slides 13-14 discuss the rent vs. buy differential and resident demographic trends.",
      "position": 1,
      "objective": "Why the current market conditions support IRT's growth",
      "structure": "The Context (Trends) -> The Trigger Event -> The Window of Opportunity",
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