In the context of current market conditions, what would cause rent prices to stagnate or even drop?

Probably a stupid question. People here and there have been saying that we’re in a housing bubble and that a crash, if it happens, wouldn’t be as bad as the last one. Either way a correction would likely increase demand for rentals right?

We saw some moderate examples of stagnation or decline in HCOL urban areas in early-mid 2020, but these were localized and transient.

Is the only answer here to increase inventory? That doesn’t seem likely either, mainly for political / bureaucratic reasons.

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Probably a stupid question. People here and there have been saying that we’re in a housing bubble and that a crash, if it happens, wouldn’t be as bad as the last one. Either way a correction would likely increase demand for rentals right? We saw some moderate examples of stagnation or decline in HCOL urban areas in early-mid 2020, but these were localized and transient. Is the only answer here to increase inventory? That doesn’t seem likely either, mainly for political / bureaucratic reasons. submitted by /u/-0-v-0- [link] [comments]

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