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To: Alberta's Child

RE: That’s why the Fed uses rental rates as a better indicator of housing costs.

I don’t think rents are going down. Property taxes are going up based on property valuation. If property taxes go up, so do rent.


7 posted on 02/23/2021 7:38:00 AM PST by SeekAndFind
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To: SeekAndFind
In some places rents are basically $0 because of the moratorium on evictions. Anyone who doesn't want to pay rent can probably go a minimum of 12-18 months without paying a penny in rent and without fear of eviction.

There are plenty of stories about landlords in big cities that are begging tenants to return. If you are a tenant and have a good credit history, you can get some major rent concessions in today's market.

19 posted on 02/23/2021 7:47:50 AM PST by Alberta's Child ("And once in a night I dreamed you were there; I canceled my flight from going nowhere.")
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