Investor Real Estate Accounts

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2021 Rent Inflation Really was Temporary

first posted: 2024-02-08 02:00:06.723109

As per Appartment list's article, more data is available on rents.

  • median rents increased 15% from Jan 2021 to Jul 2022
  • this occurred in a context where low rates led to house price inflation, and market supply becoming tense
  • since then, median rents have corrected down
  • house price inflation was 40%, rents did follow with some delay but did not end up matching the price appreciation

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image credit: Appartment list


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