The land shortage and rapidly increasing population are why prices and rents continue to rise quickly.Could the land be transferred from the federal government?

After posting a monthly market update for Milwaukee every month for the last 5 years and looking at the data every month and the dynamic that makes prices inch up month after month it is becoming more of a certainty to me than a possibility.Because the reasons don't change: we keep devaluating the paper dollar, we still have a chronic housing shortage and we are not building nearly enough to even keep up, let alone to catch up from the deficit we carry.

Unfortunately, factors like a hardening property market, inflation, labor shortages, increased building costs, and an increase in claims frequency and severity have caused our carriers to require increases to both rates and coverage amount minimums to keep up with these market conditions.

There is a serious housing shortage in San Diego but the policy is also trying to discourage the private market to provide more housing by being extremely unfair to landlord.

As an agent in the SoCal/Inland Empire area I can tell you one of the issues we're facing is an inventory shortage.

But still we will probably see some increase in rent in non-rent controlled properties, decrease in quality for rent controlled one, and portably a higher shortage of rentals.

It is also true that if the appreciation (market and rent) were to end, the return would suck.The appreciation has far out paced inflation for over 50 years and there is a housing shortage so it seems like at a minimum rent appreciation seems to be a good bet in the near term (<5 years). 

There's plenty of people flouting the rules, but I don't recommend it -- at any time they could address their housing shortage by cracking down on STR heavily. 

This has caused at least 3 major problems: 1) the market is now oversaturated with Airbnbs, 2) rental rates have come down bc of so much competition, 3) there's a dire shortage of workers available to service the huge increase in the # of Airbnbs.Wait times are often a month or longer for service providers.

We have a chronic housing shortage, which results in an extremely hot rental market, but it also makes buying very competitive.