DO THE MATH.. 44% of the County's population is below 24. City may grow by 7 x's over next 20 years from 70K to 500K. WLhats going to happen to demand rents. Est cost to construct new appts. 120K+.Where will rents need to be to be to justify new construction??(est. $1,200+/apt.) There are 28 x 2/1 @729 SF rents $550-650, 24 x 1/1 @ 529 SF, rents $450 - 550, 12 studios @ 400 SF, rents $375-450 = 64 apts.