Rising Labor Cost

Increased Government Spending

Prolonged housing shortages all equal the main pressure points

Inflation is picking up and looks like it will increase over the next 18 months

a half of a percentage point jump in mortgage rates is about an extra $60 per month

Rents have exceeded 3% annually over the last 4 years

low unemployment and rising house costs up 3% over the last year

I believe this is why there is such a demand for rentals right now. Some people are getting priced out of the for sale market.

And lastly, lets talk about tax write offs.

America, what a Country