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On the Market Episode 49- Will Rents Decrease- Let's Discuss
Property values have gone through the roof, rents have skyrocketed, but will it last? Can rents actually come down? This episode of On the Market discusses those concerns! @Dave Meyer brings the Data Deli to us while @Kathy Fettke knows the market cycle. A perfect duo to answer that very question! Is it HCOL migration? Covid? Where do you feel that supply and demand fit into the equation?
Were there followup questions you had? Wondering what comes next?
Let's get talking!
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- Real Estate Broker
- Cody, WY
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Quote from @Alicia Marks:
No time to listen, but I read Dave's blog post. There are indications of slowing, but I think it's more likely a normalization and not a downturn. With high prices and mortgage rates, fewer can afford to buy and demand for rentals will increase. Builders are slowing down construction, meaning demand will increase. I see another year of increasing rental demand.
- Nathan Gesner
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