High Rent Prices are Persistent What comes after a period of steep rent price rises? Housing crash, building boom, or perhaps rent controls? Economists are suggesting these high rent prices are going to persist for some time. Last August, in a CNBC report, Peter Boockvar, CIO of Global Advisors said “Rental increases, which is the…

Outlook for Rent Prices Rent is rising in 2022, faster than it did in 2021. That shouldn't be a surprise that so far this year national rents have risen 2.5% vs 1.9% in 2021 during the first 3 months. However the rate of growth in the past month could send shockwaves into communities if they…

Rent Control's Sad Legacy Claiming More Victims Author Opinion: While few may sympathize with the plight of property investors, the implementation of rent controls quickly degenerates the market for everyone. The long term consequences may be severe for California. The matter of rent controls will be even more contentious in 2020. I thought I'd take…

Will Rent Controls Spread? As we wrote in this post originally, the threat of rent controls are real. And to prove it, just this week California approved new rent control measures.  And in New York, there is concern rent controls will be extended as court battles rage. Since state governments want to avoid renter subsidies…

Vancouver BC's Rental Market Stressed Out You wouldn't think a Canadian city could have the high rents we've seen in most US cities, yet Vancouver is one city with high demand and lack of supply has lead to high apartment rental prices.  On the other side of Canada the Toronto rental market is suppressed by…