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Updated over 9 years ago on . Most recent reply

Francis A.'s profile image
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Francis A.
  • from Los Angeles, California
  • Member since May 16, 2014
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Francis A.'s profile image
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Francis A.
  • from Los Angeles, California
  • Member since May 16, 2014
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Francis A.
  • Los Angeles, CA
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Real Estate News & Current Events

The Rent Crisis Is About to Get a Lot Worse - Bloomberg business

Francis A.
  • Los Angeles, CA
Posted

For what it's worth, these articles keep coming at us:

http://www.bloomberg.com/news/articles/2015-09-21/...

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Anthony Gayden
  • Rental Property Investor
  • from Omaha, NE
  • Member since Feb 17, 2014
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Anthony Gayden's profile image
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Anthony Gayden
  • Rental Property Investor
  • from Omaha, NE
  • Member since Feb 17, 2014
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
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Anthony Gayden
  • Rental Property Investor
  • Omaha, NE
Replied

Places like Atlanta, Dallas, Houston, and Phoenix, do not suffer from this issue because there are few restrictions preventing builders from greatly increasing the number of available units. These are not declining rust belt cities. These are huge rapidly growing metro areas with tons of wealth and jobs. 

The so-called "rent crisis" was created by strict building regulations, zoning, and NIMBYism.

  • Anthony Gayden
  • Podcast Guest on Show #21
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