Read the text and determine if the sentence is true:

INSIGHT-Investors rush to develop rental housing as Chinese home prices surge HONG KONG, May 5 China's sky-high apartment prices and its footloose generation of millennials are fuelling demand for rental apartments, driving investment by foreign private equity funds and Chinese real estate developers.

Sentence: millennials are fuelling demand for rental condos, driving investment by foreign private equity funds and Chinese real estate developers.
