Re:How housing became the world’s biggest asset class
by toast0 on Wednesday January 22, 2020 @02:56PM
(#22121348)
Do you have rent trends? Did they follow the housing trends, or did they just keep going up (either one sometimes happens, I'm not in the market anymore).
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Re:How housing became the world’s biggest asset class
by dpc_pw on Wednesday January 22, 2020 @03:29PM
(#22121664)
From what I can tell, they are roughly flat since around 2016. Example: https://www.zillow.com/homedetails/1174-Pomeroy-Ave-Santa-Cl... . Depends on what and where, of course.
And AFAIK, generally rents are lagging behind house prices and are more sticky. If you're a prospective buyer and houses are loosing and are projected to loose hundreds of thousands of dollars each year, that's pretty big incentive to stick around in your rental and wait.