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the rent is going up !

By AD following x   2014 Nov 21, 11:41pm 2,441 views   5 comments   watch   nsfw   quote     share    


http://finance.yahoo.com/news/only-one-way-rents-sky-185500057.html

They dont expect things to slow down either, Rent.com noted in a press release, as 63 percent of property managers predict that rental rents will continue to rise by an average of 6 percent in the next 12 months.

1   AD   ignore (0)   2014 Nov 21, 11:42pm   ↑ like (1)   ↓ dislike (0)   quote   flag        

Since the recession, the demand for rentals has continued to rise steadily, and real estate experts are predicting that rents will continue to rise for the foreseeable future.

The 2014 Property Owner and Manager Report claims that 85 percent of property managers raised their rental rates over the past year, according to a report from Rent.com released earlier this month.

2   mmmarvel   ignore (0)   2014 Nov 22, 12:07am   ↑ like (0)   ↓ dislike (1)   quote   flag        

And there was any reason to think different because why???

3   AD   ignore (0)   2014 Nov 22, 12:36am   ↑ like (1)   ↓ dislike (1)   quote   flag        

Just saying it is not as equally attractive to be a renter compared to being a home owner.

Patrick, you have any comments about this thread ?

5   New Renter   ignore (11)   2014 Nov 22, 6:15am   ↑ like (0)   ↓ dislike (0)   quote   flag        

adarmiento says

http://www.zillow.com/research/rent-affordability-2013q4-6681/

It really looks like YMMV as far as affordability is concerned.


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