Quote:
Originally Posted by Mr.Coffee
Mortgage rates are rising quick so can see why rents would be going with them, unfortunately. Look at rates a year ago, to today. Almost double?
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I think that's a bit of a myth. There are always landlords that will charge as much as possible, and that will then dictate the market.
Rent is going to, because there's more cash out there to pay for rent, and there's a general lack of housing supply. People are being forced into higher rents and worse quality of rentals. Not a good time to not already own your housing.