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  "documentTitle": "Invitation Homes | Investor Presentation Deck | 22 slides",
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  "presentationDate": "2023-11-01 00:00:00",
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      "text": "Total Housing Permits (Single and Multifamily) as a % of Households in Invitation Homes' Markets (1)",
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      "text": "Higher labor costs, materials costs, impact fees, land scarcity, and regulatory hurdles have been barriers to new supply",
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      "text": "(1) Source: U.S. Census Bureau and John Burns Real Estate Consulting; data as of December 2022.",
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      "kind": "title",
      "text": "We believe a decade-long shortfall in single-family construction is likely to persist for the foreseeable future",
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