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Updated over 9 years ago on . Most recent reply

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Roger Cram
  • Residential Landlord
  • Madison, SD
0
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5
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Highest Rents In The Country???

Roger Cram
  • Residential Landlord
  • Madison, SD
Posted

Did anyone see the MSN article quoting Williston, ND as having the highest rents in the country? Higher than New York or San Francisco. Williston is the fastest growing small town in America.

Most Popular Reply

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1,578
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Amit M.
  • Rental Property Investor
  • San Francisco, CA
1,618
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1,578
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Amit M.
  • Rental Property Investor
  • San Francisco, CA
Replied

"They expect the increase to continue for 20-30 years."

Trust me, that won't happen. Single industry phenomena alway = boom/busts.

There are substantive reasons why SF and Manhattan had/have/will continue to have very high rents, and it ain't solely based on short term restricted supplies.

What's that phrase...sucker born every minute? Don't be one of them ;)

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