So then demand is artificially inflated. 6) "Missing half of living expenses"?

I knew that they would need to seriously lower the standards for these housing prices in San Diego, where I live to continue to artificially rise for a year or two.

This area does not need some artificial impetus like a "pandemic" to prop its prices up.

A Catch-22 rental is an under-maintained property being rented to the poor for artificially low rent rates where our poor residents can live without subsidy, but at the cost of their health.

Long story short, because interest rates got so (artificially) low, cap rates followed and there was a lot of buying in primary and secondary markets at 5%, 4% and even lower cap rates. 

These inherently increase the value of neighborhood value by a lot but *ARTIFICIALLY*.

Which is why I look at price per door in a given submarket, I'd rather buy a "low CAP" under the average PPD than a high CAP at a higher PPD in that same submarket because the low cap scares off buyers and there is normally something going on that causes the CAP to be artificially low.

Unless you want to artificially increase the rent and then give them a discount, but I agree with Joe-they signed a document saying they'd pay the rent on time and they should do so.

The result is we have low inventory and remote workers with lots of cash (no vacations for the past year and ready to leave the big city), artificially pushing up prices.

Analytically, one of the major reasons was the artificially low supply levels, as people are not moving as much in the era of covid.