i’ve been messin around with some custom filter pipelines lately. basically i wanted to see where the real "exhaustion points" are in the fulton county residential universe. everyone keeps talking about a housing shortage but the data shows something else if you look at the "LTO" (long-tenure owner) signals. i narrowed down the 350,000+ parcels to a working universe of about 72k investment properties. and yeah... the numbers are kinda weird. The "Alpha" or whatever you want to call it: The 20-Year Wall: I found 41,959 owners with an avg hold period of 19.7 years. That is basically an entire generation of equity just sitting there. The Absentee Factor: 96.9% of these are absentee. about 6% are out-of-state. these people have literally zero emotional attachment to the dirt at this point. they probably haven't even seen the houses since the pre-covid spike.…