Re:The next recession
by justboxing on Thursday October 11, 2018 @05:38PM
(#18197225)
> Rents go up when people can afford higher rents
Or is it that rents go up when people can't afford to buy homes due to higher interest rates and down-payment requirements, which ends up putting a lot more people in the renters market, thereby raising rents in a supply-demand price war?
Re:The next recession
by laythea on Thursday October 11, 2018 @10:18PM
(#18198623)
In my opinion, you are right. Supply-demand is a universal driver. Ie. An aging youth that cannot afford homes. A whole generation, introduced to the renting market.
Or is it that rents go up when people can't afford to buy homes due to higher interest rates and down-payment requirements, which ends up putting a lot more people in the renters market, thereby raising rents in a supply-demand price war?
Asking, not stating.