Rental Property Investor · Las Palmas de Gran Canaria · Member since 2014 · 220 posts · 256 votes
It is interesting to consider the rate of rent change as an indicator of inflation or appreciation if you are a MF investor. Looking at the rate change in SF, the last couple of years has been growing at an insane rate. Rents are going up 10-15% annually for the last 3 years. How much longer can it hold before it corrects? Hard to say. It is definitely driving a demographic change to the community. Will it correct below 0% (will rents actually drop), they haven't in 36 years, but it might