{"id":150016,"date":"2023-04-11T11:54:59","date_gmt":"2023-04-11T17:54:59","guid":{"rendered":"https:\/\/www.biggerpockets.com\/blog\/?p=150016"},"modified":"2023-08-11T13:22:22","modified_gmt":"2023-08-11T19:22:22","slug":"best-housing-markets-in-demand","status":"publish","type":"post","link":"https:\/\/www.biggerpockets.com\/blog\/best-housing-markets-in-demand","title":{"rendered":"The Top 10 Housing Markets Forecasted For Strong Demand This Decade"},"content":{"rendered":"\n\n      <iframe loading=\"lazy\" frameborder=\"0\" height=\"200\" scrolling=\"no\" src=\"https:\/\/playlist.megaphone.fm\/?e=BIGPOC4328627251\" width=\"100%\"><\/iframe>\r\n  \n\n\n\n\n<p><span data-preserver-spaces=\"true\">Strong demographics have fueled the U.S. demand for housing over the last several years. As millennials, now the largest generation alive in the country, hit their <a href=\"https:\/\/www.biggerpockets.com\/blog\/millennials-homeownership-2021\" target=\"_blank\" rel=\"noreferrer noopener\">peak home-buying age<\/a>, demand for home purchases and rental units has surged. This demographic strength has been one of the several variables that have pushed up home prices since prior to the pre-pandemic period.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But demographics isn\u2019t everything when it comes to demand\u2014economics matters too. And with persistently high inflation, and a great deal of economic uncertainty, there is the risk that demand for housing could slow in the coming years. What happens to demand over the coming years will have big implications for real estate investors.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">As such, in this article, I\u2019m going to break down recent demand trends, provide a forecast for national demand over the coming years, and give a list of the top and bottom 10 markets for housing demand growth.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Measuring Demand&nbsp;<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">There are several ways to measure demand for housing. We typically look at total sales volume, mortgage purchase applications, and some conglomerate metrics like inventory and months of supply to measure the balance between supply and demand. In the rental market, we typically use a metric known as \u201cabsorption\u201d, which measures the total number of occupied rental units in a given market. To combine these different markets into one useful metric, I like to track the total number of households and the growth rate of that number.<\/span><\/p>\n\n\n\n\n\n\n  <div class=\"lg:block\" x-data=\"{ ad_block_block_64359cce0a9d0: popAds(1) }\">\n      <template x-for=\"ad in ad_block_block_64359cce0a9d0\">\n        <a\n          :href=\"ad.linkURL\"\n          class=\"no-underline text-black\"\n          x-on:click=\"adClicked('https:\/\/www.biggerpockets.com\/blog\/best-housing-markets-in-demand', ad.sponsor, ad.title, ad.id, 'blockAdClicked', 'blockAd', '')\"\n          target=\"_blank\">\n          <div\n            class=\"py-4 border-b flex flex-col flex-nowrap text-sm border-t px-0 rounded-none\"\n            x-init=\"\n              analytics.track('blockAdLoaded', {\n                referrer: 'https:\/\/www.biggerpockets.com\/blog\/best-housing-markets-in-demand',\n                sponsor: ad.sponsor,\n                ad_title: ad.title,\n                ad_page_location: ''\n              })\n            \"\n            x-intersect:enter.once=\"adViewed('https:\/\/www.biggerpockets.com\/blog\/best-housing-markets-in-demand', ad.sponsor, ad.title, ad.id, 'blockAdViewed', 'blockAd', '')\">\n            <div><span class=\"text-xs text-slate-light block bg-slate-50 p-1 inline-block rounded-md\">Sponsored<\/span><\/div>\n            <div class=\"flex items-center text-sm space-x-4\">\n                <img :src=\"ad.imageURL\" :alt=\"ad.imageAlt\" class=\"h-10 w-10 object-cover rounded-full\">\n\n                <div clas=\"text-sm\">\n                    <span class=\"font-bold block\" x-text=\"ad.sponsor\"><\/span>\n                    <span class=\"text-slate\/80\" x-text=\"ad.description\"><\/span>\n                <\/div>\n            <\/div>\n\n            <div>\n                <span class=\"font-bold\" x-text=\"ad.title\"><\/span>\n                <p class=\"mt-2 text-slate\/80\" x-text=\"ad.body\"><\/p>\n                <span class=\"mt-2 text-themeBlue block mt-2 underline\" x-text=\"ad.linkTitle\"><\/span>\n            <\/div>\n          <\/div>\n        <\/a>\n      <\/template>\n  <\/div>\n\n\n\n\n<p><span data-preserver-spaces=\"true\">If you\u2019re unfamiliar with the formal definition of a \u201chousehold,\u201d the census website states, \u201cA household (or &#8220;ordinary household&#8221;) in the sense of the census survey describes all the persons sharing the same main residence, without these persons necessarily being blood-related.\u201d<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">In other words, any housing unit occupied as a primary residence is a household. If you live with your parents, that\u2019s a household. Live with a partner and your kids? That\u2019s a household. If you live with one or more roommates, even though you\u2019re not blood relatives\u2014it&#8217;s still a household.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This definition makes sense because it helps us measure the total demand for primary residence housing units. If you add up all of the households in the U.S., that should, in theory, be equal to the total demand for primary residences in the country as well (this analysis doesn\u2019t include demand for second homes or short-term rentals).&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">Over time, the total number of households tends to grow because the population is growing. The birth rate in the U.S. has slowed considerably, but it will take decades for that to be reflected in household formation numbers. In fact, right now, we\u2019re at a high point for household growth.&nbsp;<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1238\" height=\"764\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.07.35-PM.png\" alt=\"U.S. Population by age bracket\" class=\"wp-image-150025\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.07.35-PM.png 1238w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.07.35-PM-300x185.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.07.35-PM-1024x632.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.07.35-PM-768x474.png 768w\" sizes=\"auto, (max-width: 1238px) 100vw, 1238px\" \/><figcaption class=\"wp-element-caption\"><em>U.S. Population by Age Bracket &#8211; <a href=\"https:\/\/www.census.gov\/\" target=\"_blank\" rel=\"noreferrer noopener\">United States Census Bureau<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<p><span data-preserver-spaces=\"true\">According to the 2020 U.S. Census, the biggest age brackets in the U.S. are 25-29-year-olds, followed by 30-34-year-olds. This population distribution aligns closely with the age at which most people start their own household, which is typically when a person reaches their late 20s or early 30s. This demographic reality has driven strong demand for rental units and housing for several years.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">But as I said at the beginning of the article, population is not the only factor that impacts household formation. It is possible for household formation to slow, even with a strong demographic. And the opposite is true as well\u2014household formation can speed up even if the population trends aren\u2019t particularly strong. Economics plays a large factor in household formation. People won\u2019t take the financial leap to form a household unless their financial situation supports it. And right now, as we all know, the economic picture is cloudy at best.&nbsp;<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">For the last several years, rent growth and home price growth have made housing generally unaffordable in the U.S. The U.S. is now&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/finance.yahoo.com\/news\/us-households-now-rent-burdened-130000673.html\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">\u201crent burdened\u201d<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;for the first time, and&nbsp;<\/span><a class=\"editor-rtfLink\" href=\"https:\/\/www.attomdata.com\/news\/market-trends\/home-sales-prices\/attom-q4-2022-u-s-home-affordability-report\/\" target=\"_blank\" rel=\"noopener\"><span data-preserver-spaces=\"true\">housing affordability<\/span><\/a><span data-preserver-spaces=\"true\">&nbsp;has hit multi-decade lows. All of this is happening at a time when inflation is eating into the spending power of all Americans, and there is fear of further economic pain in the future. Basically, it\u2019s not a great time to start a household if you don\u2019t have to, and the data supports it.&nbsp;<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1238\" height=\"811\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.09.20-PM.png\" alt=\"national household growth: YoY % Change\" class=\"wp-image-150026\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.09.20-PM.png 1238w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.09.20-PM-300x197.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.09.20-PM-1024x671.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.09.20-PM-768x503.png 768w\" sizes=\"auto, (max-width: 1238px) 100vw, 1238px\" \/><figcaption class=\"wp-element-caption\"><em>National Household Growth: YoY Percent Change (2013-2028) &#8211; <a href=\"https:\/\/www.costar.com\/products\/analytics\" target=\"_blank\" rel=\"noreferrer noopener\">CoStar<\/a><\/em><\/figcaption><\/figure>\n\n\n\n<p><span data-preserver-spaces=\"true\">As shown by this data from CoStar, household formation has been on a wild ride over the last few years (as has basically all housing market data). Following a brief period of negative growth during the beginning of the pandemic, housing formation rapidly recovered\u2014leading to strong demand for houses and rental units. But the frenzy peaked in Q3 of 2022 and has come down sharply. CoStar provides a forecast (shown in orange) of where they expect household formation to be over the coming years, and it&#8217;s markedly lower than pre-pandemic. Personally, I think there is some more downside risk in the short-term than is seen in this forecast, but I think the 5-year average is probably about right, given demographic trends.<\/span><\/p>\n\n\n\n<p><span data-preserver-spaces=\"true\">This slowdown in demand will, of course, impact real estate investors, as it will likely lead to slower appreciation and rent growth in the coming years. But, it\u2019s important to recognize that demand is still increasing, and most experts believe we are still under-supplied for housing in the U.S., meaning demand can slow down, but the market may not reach equilibrium anytime soon because supply is low.&nbsp;<\/span><\/p>\n\n\n\n<figure class=\"wp-block-image size-full\"><img loading=\"lazy\" decoding=\"async\" width=\"1238\" height=\"791\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.11.05-PM.png\" alt=\"national household formation\" class=\"wp-image-150027\" title=\"\" srcset=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.11.05-PM.png 1238w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.11.05-PM-300x192.png 300w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.11.05-PM-1024x654.png 1024w, https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2023\/04\/Screenshot-2023-04-11-at-1.11.05-PM-768x491.png 768w\" sizes=\"auto, (max-width: 1238px) 100vw, 1238px\" \/><figcaption class=\"wp-element-caption\"><em>National Household Formation (2013-2028) &#8211; CoStar<\/em><\/figcaption><\/figure>\n\n\n\n<p><span data-preserver-spaces=\"true\">The data shown above is on a national level, and as we all know, real estate is local. Using CoStar\u2019s historical data and 5-year forecast, I found the 10 markets with the strongest forecasted demand and 10 markets with the weakest forecasted demand over the coming years. I filtered only for markets with greater than 100,000 households because a lot of the smaller markets are less recognizable (and probably less interesting to all of you reading this).&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\">Top 10 Markets for Forecasted Demand<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table class=\"has-fixed-layout\"><thead><tr><th>City<\/th><th>Last 5-Year CAGR<\/th><th>5-Year Forecast CAGR<\/th><\/tr><\/thead><tbody><tr><td>Provo, Utah<\/td><td>4.3%<\/td><td>2.1%<\/td><\/tr><tr><td>Austin, Texas<\/td><td>4.8%<\/td><td>2%<\/td><\/tr><tr><td>Lakeland, Florida<\/td><td>2.1%<\/td><td>1.8%<\/td><\/tr><tr><td>Boise, Idaho<\/td><td>3.8%<\/td><td>1.8%<\/td><\/tr><tr><td>Ogden, Utah<\/td><td>2.6%<\/td><td>1.7%<\/td><\/tr><tr><td>Myrtle Beach, South Carolina<\/td><td>2.6%<\/td><td>1.6%<\/td><\/tr><tr><td>Houston, Texas<\/td><td>2.5%<\/td><td>1.6%<\/td><\/tr><tr><td>Orlando, Florida<\/td><td>1.6%<\/td><td>1.5%<\/td><\/tr><tr><td>Charlotte, North Carolina<\/td><td>2.5%<\/td><td>1.5%<\/td><\/tr><tr><td>Dallas-Fort Worth, Texas<\/td><td>2.3%<\/td><td>1.5%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<h2 class=\"wp-block-heading\">Bottom 10 Markets for Forecasted Demand<\/h2>\n\n\n\n<figure class=\"wp-block-table is-style-regular\"><table class=\"has-fixed-layout\"><thead><tr><th>City<\/th><th>Last 5-Year CAGR<\/th><th>5-Year Forecast CAGR<\/th><\/tr><\/thead><tbody><tr><td>Charleston, West Virginia<\/td><td>-1.5%<\/td><td>-1.2%<\/td><\/tr><tr><td>Flint, Michigan<\/td><td>0.2%<\/td><td>-0.5%<\/td><\/tr><tr><td>Youngstown, Ohio<\/td><td>-0.1%<\/td><td>-0.4%<\/td><\/tr><tr><td>Erie, Pennsylvania<\/td><td>0.1%<\/td><td>-0.4%<\/td><\/tr><tr><td>Binghamton, New York<\/td><td>0.6%<\/td><td>-0.3%<\/td><\/tr><tr><td>Rockford, Illinois<\/td><td>-0.2%<\/td><td>-0.3%<\/td><\/tr><tr><td>Peoria, Illinois<\/td><td>-0.3%<\/td><td>-0.3%<\/td><\/tr><tr><td>Huntington, West Virginia<\/td><td>-0.8%<\/td><td>-0.3%<\/td><\/tr><tr><td>Canton, Ohio<\/td><td>0.3%<\/td><td>-0.2%<\/td><\/tr><tr><td>Utica, New York<\/td><td>-0.1%<\/td><td>-0.2%<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n<p><span data-preserver-spaces=\"true\">These lists are not comprehensive but should give you a sense of the range of outcomes projected over the coming years. For the top markets, like Provo, Utah, and Austin, Texas, the total number of households is expected to grow by 2% per year for each of the next five years. On the side of the equation, we have Charleston, West Virginia, which is projected to decline by 1.2% per year for each of the next five years.&nbsp;<\/span><\/p>\n\n\n\n<h2 class=\"wp-block-heading\"><span data-preserver-spaces=\"true\">Conclusion<\/span><\/h2>\n\n\n\n<p><span data-preserver-spaces=\"true\">For investors who are considering what market to invest in, I highly recommend you study the household formation patterns in your city. Population growth is a good start, but if you really want to understand what&#8217;s happening with the demand for housing, look at household formation. The Census Bureau has free data you can analyze to see historical performance, and you can Google projections for your city to help you get a sense of what might be coming in your area.&nbsp;<\/span><\/p>\n\n\n\n    \n  <div id=\"visibility-group-block_631dfffa5ec136915cb226fa8a19a02b\" class=\"visibility-group alignwide  hidden\">\n        \n\n<div id=\"hero-block_f808ad73df9f1d8c97f52097b052302e\" class=\"first:mt-0 hero-block py-4  alignwide   has-background has-slate-200-background-color has-text-color has-theme-gold-color\">\n    <div\n        class=\"gap-10 lg:gap-20 flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 lg:w-1\/2 \">\n            <main class=\"py-4\">\n                \n\n<p class=\"has-slate-800-color has-text-color has-large-font-size\" style=\"font-style:normal;font-weight:800\">Find the Right Agent, Close the Best Deal<\/p>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-slate-900-color has-text-color\" style=\"font-size:18px\">Step #1: Use Agent Finder to match with top <em><strong>investor-friendly<\/strong><\/em> real estate agents to help you find, analyze, and close your next deal.<\/p>\n\n\n\n<div id=button-custom-event-block_004b58ece0f7580bc1dbe9d9ed2b093f class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/agent\/match\" x-on:click=\"window.analytics.track(&#039;Blog Block | B2C Marketplace Agent Finder&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/best-housing-markets-in-demand&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\">Find an Agent<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n                <div class=\"lg:w-1\/2 first:mt-0 relative h-full lg:flex lg:items-center\">\n            <img decoding=\"async\" class=\"object-cover w-full relative z-20 my-0  rounded-md hidden lg:block\" src=\"https:\/\/www.biggerpockets.com\/blog\/wp-content\/uploads\/2021\/08\/Marketplace-Blog-Blocks-Agent-v3.png\" alt=\"investor friendly real estate agent\" title=\"\">\n        <\/div>\n            <\/div>\n<\/div>\n\n  <\/div>\n  \n\n\n<div class=\"wp-block-group\"><div class=\"wp-block-group__inner-container is-layout-constrained wp-block-group-is-layout-constrained\">\n    \n  <div id=\"visibility-group-block_64dd31c79f00f\" class=\"visibility-group  \">\n        \n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n\n<div id=\"hero-block_64dd2875dba9d\" class=\"first:mt-0 hero-block py-4    has-background has-slate-100-background-color has-text-color has-theme-slate-color\">\n    <div\n        class=\" flex flex-wrap lg:flex-nowrap max-w-screen-xl mx-auto px-4 relative lg:items-center \">\n\n        <div class=\"relative z-30 w-full \">\n            <main class=\"py-4\">\n                \n\n<h3 class=\"wp-block-heading my-0 tracking-tight font-extrabold has-theme-slate-dark-color has-text-color has-large-font-size\">Join the community<\/h3>\n\n\n\n<p class=\"my-3 md:my-5 lg:my-8 has-theme-slate-color has-text-color\" style=\"font-size:16px;font-style:normal;font-weight:400\">Ready to succeed in real estate investing? Create a free BiggerPockets account to learn about investment strategies; ask questions and get answers from our community of +2 million members; connect with investor-friendly agents; and so much more. <\/p>\n\n\n\n<div id=button-custom-event-block_64dd2888dba9e class='button-custom-event'>\n      <a href=\"https:\/\/www.biggerpockets.com\/signup\" x-on:click=\"window.analytics.track(&#039;Blog Block | Acquisition | Free Membership Signup&#039;, {\n      referrer: &#039;https:\/\/www.biggerpockets.com\/blog\/best-housing-markets-in-demand&#039;,\n    });\" class=\" btn-shape inline-block no-underline has-background has-theme-blue-background-color has-text-color has-white-color\" target=\"_blank\">Sign Up<\/a>\n  <\/div>\n\n            <\/main>\n        <\/div>\n\n            <\/div>\n<\/div>\n\n\n<div style=\"height:10px\" aria-hidden=\"true\" class=\"wp-block-spacer\"><\/div>\n\n\n  <\/div>\n  <\/div><\/div>\n","protected":false},"excerpt":{"rendered":"<p>Strong demographics have fueled the U.S. demand for housing over the last several years. As millennials, now the largest generation alive in the country, hit their peak home-buying age, demand [&hellip;]<\/p>\n","protected":false},"author":108611,"featured_media":150032,"comment_status":"open","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[8,7119],"tags":[],"class_list":["post-150016","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-real-estate-trends","category-biggerpockets-daily"],"acf":[],"comment_count":0,"_links":{"self":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/150016","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/users\/108611"}],"replies":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/comments?post=150016"}],"version-history":[{"count":0,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/posts\/150016\/revisions"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media\/150032"}],"wp:attachment":[{"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/media?parent=150016"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/categories?post=150016"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/www.biggerpockets.com\/blog\/wp-json\/wp\/v2\/tags?post=150016"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}