Will we see an increase in rents soon?

[Vik J.]

So, this conversation came up with my best mate yesterday evening and I thought I'd get some insights from the investor gurus here.

Given what's going on now (increasing prices and lower inventory), and given the growth of Austin - so many companies moving or expanding - do you foresee a scenario where it's either so expensive to buy a home closer to work place / school district, etc., or there's just not enough choice that people will be forced to (or want to) rent instead....which means rental prices also start to go up? 

How is the rental market in 2020 compared to previous years in terms of rent increase?