Asking Rents Fall for Third Month in a Row
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Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes
1yQuote from @Ken M.:
Asking Rents Fall for Third Month in a Row
In Austin, TX, the median asking rent dropped 8.8% year over year to $1,385 in May—the lowest level since February 2021 and $414 below the August 2023 record high. That’s the largest decline in percentage terms among the 44 major CBSAs Redfin analyzed. Next came Minneapolis (-6.3%), Columbus, OH (-3.5%), Nashville (-3.4%) and Portland, OR (-3.4%).
Asking Rents Hit Record High in Four U.S. Metros
In Cincinnati, the median asking rent rose 7.4% year over year to a record $1,460 in May—the largest increase among the 44 CBSAs Redfin analyzed. The second largest gain was in Tampa, FL (4.2%), followed by St. Louis (4%), Pittsburgh (3.5%) and Birmingham, AL (2.4%).
Aside from Cincinnati, three metros saw rents hit a record high in May: Chicago (up 1.9% Y/Y to $1,781), Memphis (1.9% to $1,274) and Washington, D.C. (2.4% to $2,104).
Yup, rents in DC have shot up dramatically since the start of the year. The Federal Governments return to office policy forced people who had moved away to move back to DC, and put huge upward pressure on rents.
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15 Replies
- 1yAaron ZimmermanBusiness MemberAccountant · Chicago, IL · Member since 2018 · 2k+ posts · 1k+ votes
Thank you for the information! Very helpful
Brick House CPAs53 Reviews - Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes1y
Quote from @Ken M.:
Asking Rents Fall for Third Month in a Row
In Austin, TX, the median asking rent dropped 8.8% year over year to $1,385 in May—the lowest level since February 2021 and $414 below the August 2023 record high. That’s the largest decline in percentage terms among the 44 major CBSAs Redfin analyzed. Next came Minneapolis (-6.3%), Columbus, OH (-3.5%), Nashville (-3.4%) and Portland, OR (-3.4%).
Asking Rents Hit Record High in Four U.S. Metros
In Cincinnati, the median asking rent rose 7.4% year over year to a record $1,460 in May—the largest increase among the 44 CBSAs Redfin analyzed. The second largest gain was in Tampa, FL (4.2%), followed by St. Louis (4%), Pittsburgh (3.5%) and Birmingham, AL (2.4%).
Aside from Cincinnati, three metros saw rents hit a record high in May: Chicago (up 1.9% Y/Y to $1,781), Memphis (1.9% to $1,274) and Washington, D.C. (2.4% to $2,104).
Yup, rents in DC have shot up dramatically since the start of the year. The Federal Governments return to office policy forced people who had moved away to move back to DC, and put huge upward pressure on rents.
District Invest Group545 Reviews- 1yKen M.Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votesOPIt seems to me that it takes time for those "back to office(ers)" renters will take a little time before they are buyers, while they sort out how permanent their job is and find a property to move to.
Quote from @Russell Brazil:
Quote from @Ken M.:
Asking Rents Fall for Third Month in a Row
In Austin, TX, the median asking rent dropped 8.8% year over year to $1,385 in May—the lowest level since February 2021 and $414 below the August 2023 record high. That’s the largest decline in percentage terms among the 44 major CBSAs Redfin analyzed. Next came Minneapolis (-6.3%), Columbus, OH (-3.5%), Nashville (-3.4%) and Portland, OR (-3.4%).
Asking Rents Hit Record High in Four U.S. Metros
In Cincinnati, the median asking rent rose 7.4% year over year to a record $1,460 in May—the largest increase among the 44 CBSAs Redfin analyzed. The second largest gain was in Tampa, FL (4.2%), followed by St. Louis (4%), Pittsburgh (3.5%) and Birmingham, AL (2.4%).
Aside from Cincinnati, three metros saw rents hit a record high in May: Chicago (up 1.9% Y/Y to $1,781), Memphis (1.9% to $1,274) and Washington, D.C. (2.4% to $2,104).
Yup, rents in DC have shot up dramatically since the start of the year. The Federal Governments return to office policy forced people who had moved away to move back to DC, and put huge upward pressure on rents.
- Real Estate Agent · Washington, D.C. · Member since 2012 · 17k+ posts · 30k+ votes1y
Quote from @Ken M.:
It seems to me that it takes time for those "back to office(ers)" renters will take a little time before they are buyers, while they sort out how permanent their job is and find a property to move to.Quote from @Russell Brazil:
Quote from @Ken M.:
Asking Rents Fall for Third Month in a Row
In Austin, TX, the median asking rent dropped 8.8% year over year to $1,385 in May—the lowest level since February 2021 and $414 below the August 2023 record high. That’s the largest decline in percentage terms among the 44 major CBSAs Redfin analyzed. Next came Minneapolis (-6.3%), Columbus, OH (-3.5%), Nashville (-3.4%) and Portland, OR (-3.4%).
Asking Rents Hit Record High in Four U.S. Metros
In Cincinnati, the median asking rent rose 7.4% year over year to a record $1,460 in May—the largest increase among the 44 CBSAs Redfin analyzed. The second largest gain was in Tampa, FL (4.2%), followed by St. Louis (4%), Pittsburgh (3.5%) and Birmingham, AL (2.4%).
Aside from Cincinnati, three metros saw rents hit a record high in May: Chicago (up 1.9% Y/Y to $1,781), Memphis (1.9% to $1,274) and Washington, D.C. (2.4% to $2,104).
Yup, rents in DC have shot up dramatically since the start of the year. The Federal Governments return to office policy forced people who had moved away to move back to DC, and put huge upward pressure on rents.
Yeah you have to assume they are signing at least 1 year leases. So the demand side of sales should push up in 1-2 year range maybe.
District Invest Group545 Reviews - Investor · VA · Member since 2015 · 21k+ posts · 19k+ votes1y
Quote from @Russell Brazil:
Quote from @Ken M.:
Asking Rents Fall for Third Month in a Row
In Austin, TX, the median asking rent dropped 8.8% year over year to $1,385 in May—the lowest level since February 2021 and $414 below the August 2023 record high. That’s the largest decline in percentage terms among the 44 major CBSAs Redfin analyzed. Next came Minneapolis (-6.3%), Columbus, OH (-3.5%), Nashville (-3.4%) and Portland, OR (-3.4%).
Asking Rents Hit Record High in Four U.S. Metros
In Cincinnati, the median asking rent rose 7.4% year over year to a record $1,460 in May—the largest increase among the 44 CBSAs Redfin analyzed. The second largest gain was in Tampa, FL (4.2%), followed by St. Louis (4%), Pittsburgh (3.5%) and Birmingham, AL (2.4%).
Aside from Cincinnati, three metros saw rents hit a record high in May: Chicago (up 1.9% Y/Y to $1,781), Memphis (1.9% to $1,274) and Washington, D.C. (2.4% to $2,104).
Yup, rents in DC have shot up dramatically since the start of the year. The Federal Governments return to office policy forced people who had moved away to move back to DC, and put huge upward pressure on rents.
Wait a minute... I thought the apocalypse hit DC? Between the headlines, the budget standoffs, and the “everyone’s getting fired” narrative, I figured rent would be free by now. Maybe they'd even throw in a parking spot and Metro card just to get someone to sign a lease.
Instead, rents are up to a new record high at $2,104? So much for the flood of laid-off government workers crashing the market. Just another reminder that the media stories rarely match what’s actually happening on the ground.
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- Real Estate Agent · Kansas City · Member since 2018 · 5k+ posts · 3k+ votes1y
Very interesting. We are seeing rents in Kansas City remain steady and have slight increase 2% ish
- Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes1y
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past year- 1yKen M.Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votesOPWait a minute... I thought the apocalypse hit DC?
Quote from @James Hamling:
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past year
I don't think that was said. What was actually said was, "let's wait and see if it has an impact"
As Zerohedge, the investment site says
"On a long enough timeline the survival rate for everyone drops to zero." Lol
We're not talking the Stock Market here, things take time. Let's wait until the end of the year or the first quarter. The numbers just don't add up and anyone that thinks they do, needs a new abacus. $37,000,000,000,000 in debt is not to be trifled with. Plenty of black swans ahead, too. - Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes1yAs Zerohedge, the investment site says
Quote from @Ken M.:
Wait a minute... I thought the apocalypse hit DC?Quote from @James Hamling:
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past year
I don't think that was said. What was actually said was, "let's wait and see if it has an impact"
As Zerohedge, the investment site says
"On a long enough timeline the survival rate for everyone drops to zero." Lol
We're not talking the Stock Market here, things take time. Let's wait until the end of the year or the first quarter. The numbers just don't add up and anyone that thinks they do, needs a new abacus. $37,000,000,000,000 in debt is not to be trifled with. Plenty of black swans ahead, too.
"On a long enough timeline the survival rate for everyone drops to zero."
Actually, that's a quote from FightClub....
On the national debt piece, yes that's a very big deal, but how do you think such a thing comes to an end?
Do you really think there is any way in hell that 37 trillion can be paid in any time scale not measured in lifetimes?
If every single cent of the entire US GDP was spent solely on national debt, what's left would still be measured in tens of trillions......
Ok, so the inevitable end is INFLATIONARY, no matter what way you skin the cat.
Real Estate is cemented as "THE hedge against inflation".
So call it "costing more" call it inflationary call it whatever, the reality is mathematical on a macro scale; Real Estate prices are going UP, not down.
There is no such thing as any inflationary cycle or event in human history, going back to Roman era and beyond, that an asset such as Real Estate moved inversely to the inflation. Never once in thousands of years of history of a thing we call money/currency.
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Everywhere housing is at net shortage, real estate is insulated. Net shortage never = price decrease. - 1yKen M.Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votesOP
Quote from @James Hamling:
As Zerohedge, the investment site saysQuote from @Ken M.:
Wait a minute... I thought the apocalypse hit DC?Quote from @James Hamling:
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past year
I don't think that was said. What was actually said was, "let's wait and see if it has an impact"
As Zerohedge, the investment site says
"On a long enough timeline the survival rate for everyone drops to zero." Lol
We're not talking the Stock Market here, things take time. Let's wait until the end of the year or the first quarter. The numbers just don't add up and anyone that thinks they do, needs a new abacus. $37,000,000,000,000 in debt is not to be trifled with. Plenty of black swans ahead, too.
"On a long enough timeline the survival rate for everyone drops to zero."
Actually, that's a quote from FightClub....
On the national debt piece, yes that's a very big deal, but how do you think such a thing comes to an end?
Do you really think there is any way in hell that 37 trillion can be paid in any time scale not measured in lifetimes?
If every single cent of the entire US GDP was spent solely on national debt, what's left would still be measured in tens of trillions......
Ok, so the inevitable end is INFLATIONARY, no matter what way you skin the cat.
Real Estate is cemented as "THE hedge against inflation".
So call it "costing more" call it inflationary call it whatever, the reality is mathematical on a macro scale; Real Estate prices are going UP, not down.
There is no such thing as any inflationary cycle or event in human history, going back to Roman era and beyond, that an asset such as Real Estate moved inversely to the inflation. Never once in thousands of years of history of a thing we call money/currency.
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Everywhere housing is at net shortage, real estate is insulated. Net shortage never = price decrease.I've been isolated, didn't know ;-) "Actually, that's a quote from FightClub...."
How Does Excessive Debt Hurt an Economy?
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Maybe. Real estate can't go higher. People don't have the income to support it. But, that's one consequence, the other is pretty radically bad - but like the 1920's were raging, the 1930's not so good, the 1940's catastrophic in Europe and Japan and China. Only because the USA wasn't so dependent on other countries did the USA escape - this is a different time
We owe everyone. That should not be overlooked.https://carnegieendowment.org/china-financial-markets/2022/0...
- Real Estate Broker · Minneapolis, MN · Member since 2011 · 5k+ posts · 6k+ votes1y
Quote from @Ken M.:
Quote from @James Hamling:
As Zerohedge, the investment site saysQuote from @Ken M.:
Wait a minute... I thought the apocalypse hit DC?Quote from @James Hamling:
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past year
I don't think that was said. What was actually said was, "let's wait and see if it has an impact"
As Zerohedge, the investment site says
"On a long enough timeline the survival rate for everyone drops to zero." Lol
We're not talking the Stock Market here, things take time. Let's wait until the end of the year or the first quarter. The numbers just don't add up and anyone that thinks they do, needs a new abacus. $37,000,000,000,000 in debt is not to be trifled with. Plenty of black swans ahead, too.
"On a long enough timeline the survival rate for everyone drops to zero."
Actually, that's a quote from FightClub....
On the national debt piece, yes that's a very big deal, but how do you think such a thing comes to an end?
Do you really think there is any way in hell that 37 trillion can be paid in any time scale not measured in lifetimes?
If every single cent of the entire US GDP was spent solely on national debt, what's left would still be measured in tens of trillions......
Ok, so the inevitable end is INFLATIONARY, no matter what way you skin the cat.
Real Estate is cemented as "THE hedge against inflation".
So call it "costing more" call it inflationary call it whatever, the reality is mathematical on a macro scale; Real Estate prices are going UP, not down.
There is no such thing as any inflationary cycle or event in human history, going back to Roman era and beyond, that an asset such as Real Estate moved inversely to the inflation. Never once in thousands of years of history of a thing we call money/currency.
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Everywhere housing is at net shortage, real estate is insulated. Net shortage never = price decrease.I've been isolated, didn't know ;-) "Actually, that's a quote from FightClub...."
How Does Excessive Debt Hurt an Economy?
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Maybe. Real estate can't go higher. People don't have the income to support it. But, that's one consequence, the other is pretty radically bad - but like the 1920's were raging, the 1930's not so good, the 1940's catastrophic in Europe and Japan and China. Only because the USA wasn't so dependent on other countries did the USA escape - this is a different time
We owe everyone. That should not be overlooked.https://carnegieendowment.org/china-financial-markets/2022/0...
Not to argue, and I am not really arguing just correcting because I was an econ-nut as previously mentioned and that whole time-frame and events was a big focus.
WWII was amazing for the US economy, it literally made USA the uber super power.
Both Europe and Asia were in chaos and/or burning, not to mention all developed areas of Africa and Middle East. Imagine where we would be today if we could wipe 90% of global competition off the table.
Next, the majority of the developed world was left in total scorched earth ruins. Entire major cities *poof* gone, like the hand of God descended and just left piles of bricks.
USA was in an exceptionally rare position of exiting all but totally unscathed.
And not just that but because of the conflict infrastructure and manufacturing base, in majority part for the entire allies, was in USA.
So exit the war, and the world was our customer not just for normal commerce but throughout a rebuilding phase that took generations.
We could not possibly be in a more different place today than then.
I would not say we owe anyone a dang thing. We won that war for the world, we did. And for it, we reaped the rewards for many many years, aaaaaand then squandered it away.
We owe nobody and we are fully accountable for squandering the epically insane lead we had on literally everyone. We got so comfy up on that high-horse that we just kicked back chillaxed as the world caught up and in many regards, passed us by.
Sad truth is the best way to avoid all the certain ends for the USD is..... WWIII....... Burn it all over again.....
- 1yKen M.Investor · Get yourself trained before doing something inadvisable. · Member since 2024 · 3k+ posts · 1k+ votesOP"Both Europe and Asia were in chaos and/or burning, not to mention all developed areas of Africa and Middle East."
Quote from @James Hamling:
Quote from @Ken M.:
Quote from @James Hamling:
As Zerohedge, the investment site saysQuote from @Ken M.:
Wait a minute... I thought the apocalypse hit DC?Quote from @James Hamling:
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past year
I don't think that was said. What was actually said was, "let's wait and see if it has an impact"
As Zerohedge, the investment site says
"On a long enough timeline the survival rate for everyone drops to zero." Lol
We're not talking the Stock Market here, things take time. Let's wait until the end of the year or the first quarter. The numbers just don't add up and anyone that thinks they do, needs a new abacus. $37,000,000,000,000 in debt is not to be trifled with. Plenty of black swans ahead, too.
"On a long enough timeline the survival rate for everyone drops to zero."
Actually, that's a quote from FightClub....
On the national debt piece, yes that's a very big deal, but how do you think such a thing comes to an end?
Do you really think there is any way in hell that 37 trillion can be paid in any time scale not measured in lifetimes?
If every single cent of the entire US GDP was spent solely on national debt, what's left would still be measured in tens of trillions......
Ok, so the inevitable end is INFLATIONARY, no matter what way you skin the cat.
Real Estate is cemented as "THE hedge against inflation".
So call it "costing more" call it inflationary call it whatever, the reality is mathematical on a macro scale; Real Estate prices are going UP, not down.
There is no such thing as any inflationary cycle or event in human history, going back to Roman era and beyond, that an asset such as Real Estate moved inversely to the inflation. Never once in thousands of years of history of a thing we call money/currency.
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Everywhere housing is at net shortage, real estate is insulated. Net shortage never = price decrease.I've been isolated, didn't know ;-) "Actually, that's a quote from FightClub...."
How Does Excessive Debt Hurt an Economy?
Your argument is an oxymoron Ken. A debt default or reset would see real estate skyrocket.
Maybe. Real estate can't go higher. People don't have the income to support it. But, that's one consequence, the other is pretty radically bad - but like the 1920's were raging, the 1930's not so good, the 1940's catastrophic in Europe and Japan and China. Only because the USA wasn't so dependent on other countries did the USA escape - this is a different time
We owe everyone. That should not be overlooked.https://carnegieendowment.org/china-financial-markets/2022/0...
Not to argue, and I am not really arguing just correcting because I was an econ-nut as previously mentioned and that whole time-frame and events was a big focus.
WWII was amazing for the US economy, it literally made USA the uber super power.
Both Europe and Asia were in chaos and/or burning, not to mention all developed areas of Africa and Middle East. Imagine where we would be today if we could wipe 90% of global competition off the table.
Next, the majority of the developed world was left in total scorched earth ruins. Entire major cities *poof* gone, like the hand of God descended and just left piles of bricks.
USA was in an exceptionally rare position of exiting all but totally unscathed.
And not just that but because of the conflict infrastructure and manufacturing base, in majority part for the entire allies, was in USA.
So exit the war, and the world was our customer not just for normal commerce but throughout a rebuilding phase that took generations.
We could not possibly be in a more different place today than then.
I would not say we owe anyone a dang thing. We won that war for the world, we did. And for it, we reaped the rewards for many many years, aaaaaand then squandered it away.
We owe nobody and we are fully accountable for squandering the epically insane lead we had on literally everyone. We got so comfy up on that high-horse that we just kicked back chillaxed as the world caught up and in many regards, passed us by.
Sad truth is the best way to avoid all the certain ends for the USD is..... WWIII....... Burn it all over again.....
Yeah, this time they have the capacity to fight back. It will be unconventional responses. - 1yTim SwierczekPro MemberLender · White Bear Township, MN · Member since 2016 · 1k+ posts · 1k+ votes
Quote from @James Hamling:
@Chris Seveney Lol, exactly what I was thinking.
@Ken M. remember what I have said about the market dynamics, of the "Doughnut effect"? Minneapolis is a train-wreck of a city, because of a train-wreck of politics. But the market is not a singular city.....
Maple Grove, MN, the average rent has increased by 5.2% year-over-year
In Ramsey, MN, theaverage asking rent has seen a year-over-year increase of 7.1% as of April 30, 2025
Lakeville, MN has experienced a 5.0% increase in average rent year-over-year
Coon Rapids, MN, the average asking rent has increased by 4.6% in the past year
Wayzata, MN reports a 7.9% increase in average rent in the past year
Chaska, MN, average asking rent has increased 5.0% compared to the previous year
Andover, MN has increased by 6.8% in the past year
Becker, MN as of June 2025 represents a 5.9% decrease over the past year.
In the past year (as of June 2025), the average rent in Sartell, MN has increased by 6.1%
Stillwater, MN, the average rent is a 6.1% increase in the past yearYou forgot St Paul, it will increase no less than 3% for eternity.
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