return2ozma@lemmy.world to News@lemmy.world · 1 year agoThe rental market is softening so fast in some pockets of the country that landlords have no choice but to offer concessionsfortune.comexternal-linkmessage-square52fedilinkarrow-up1297arrow-down120
arrow-up1277arrow-down1external-linkThe rental market is softening so fast in some pockets of the country that landlords have no choice but to offer concessionsfortune.comreturn2ozma@lemmy.world to News@lemmy.world · 1 year agomessage-square52fedilink
minus-squareneptune@dmv.sociallinkfedilinkEnglisharrow-up7arrow-down1·1 year agoIt’s a bubble. If they don’t up real estate investing then the market goes down and they stop making money. But yes, the hypocrisy.
minus-squareZeppo@sh.itjust.workslinkfedilinkEnglisharrow-up4arrow-down1·1 year agoYeah, when prices rise precipitously for no real reason, people always say “it’s permanent!”, and it never is. Steady increases over time, sure. But there was no reason for say, houses near me to go from 250k to 425k in 3 years all of a sudden.
It’s a bubble. If they don’t up real estate investing then the market goes down and they stop making money. But yes, the hypocrisy.
Yeah, when prices rise precipitously for no real reason, people always say “it’s permanent!”, and it never is. Steady increases over time, sure. But there was no reason for say, houses near me to go from 250k to 425k in 3 years all of a sudden.