return2ozma@lemmy.world to News@lemmy.world · 10 months agoThe rental market is softening so fast in some pockets of the country that landlords have no choice but to offer concessionsfortune.comexternal-linkmessage-square54fedilinkarrow-up1306arrow-down120
arrow-up1286arrow-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 · 10 months agomessage-square54fedilink
minus-squareneptune@dmv.socialcakelinkfedilinkEnglisharrow-up7arrow-down1·9 months 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-down1·9 months 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.