General Discussion Thursday: A market that excites you
Tell us about a new market (or old market) that excites you and why? What product types are changing the Real Estate dynamics of this market and how? Lets hear some good stories about some cool markets from around the country (or globe)! 
[{"id": "diya1zl", "text": "There's a lot of private capital going into social housing in the UK, and for some types of specialised housing a yield of 8% is being achieved. Funds are buying these at 5.50-6.00% and there's a lot of money being ploughed into specialist housing as a result. ", "replies": [{"id": "diyeal9", "text": "Social housing?  Is that apartments?  If so, I'm seeing that also.  What is specialized housing?", "replies": [{"id": "diyhdj9", "text": "Social housing is low rent housing which operates under a government framework, with strict requirements for funding, use of income, but with the benefit of the ability to access grant funding and local authority support. It is often apartments. \n\nSpecialised housing is for people with complex needs, such as homes for people with learning disabilities, mental health issues, physical disabilities, and other high end support needs. There has traditionally been a lack of such housing, which has meant there is high demand. When meeting certain criteria, specialised housing is exempt from rent capping and is entirely government funded. ", "replies": [], "depth": 3}], "depth": 2}, {"id": "dizslwm", "text": "Can you clarify what you mean by funds are buying those properties at 5.5, 6 percent? Are 5.5, 6 percent cap rates? ", "replies": [{"id": "dizt855", "text": "That's correct.", "replies": [], "depth": 3}], "depth": 2}], "depth": 1}]