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Updated almost 13 years ago,
Do rental rates keep up with inflation?
I'm curious if some long time investors could chime in on their experience with rental rates keeping up with inflation (CPI). Obviously there are a lot of factors that can affect rates over a 20 year period or so. The neighborhood could get better or worse, the city could grow causing moredemand etc. I guess I'm just looking for a general summation that over a 20 year period if you took all the markets and averaged the rents would they keep up with government reported inflation? I'm not sure if there is a good set of data out there that woudl tell us that?
Thanks,