Some cities and maybe some states limit the amount rent can increase but I doubt Alabama is one of them.
With millions of illegals flooding the US, rents are going up everywhere. Outrageously so. I heard on the news yesterday that the US has immediate shortage of over seven million homes.
Some cities and maybe some states limit the amount rent can increase but I doubt Alabama is one of them.
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In my state(Oregon) there are homes that homeless squatters takeover until removed, many of these properties haven’t moved since 2008-2009.
As far as foreigners, which are predominantly from Mexico, no large presence is noticeable if anything it’s receding.
The death rate for at least 4 years is higher than the birthrate, which has never happened since Oregon’s first census.
Also, a bunch of Boomers are going to be dead in the next 20 years, leading to the biggest transfer of assets in United States History.
Generation X while small demographically, should have a lot financial opportunities over the next couple of decades.
There are huge housing projects popping up on every square foot of vacant property in Charlotte, NC. They go up seemingly overnight and fill up a little slower.