Also when homes are begging for buyers, rent will go down.
Individual homeowners cannot afford to go negative cash flow so they can’t offer free rent or even lower rents. But when homes become corporate owned, you’ll see 1-2 months free rent with move-in. It was that way in the 1990s and it’ll happen again.
Rents will go down when real estate is tranfered to new owners at discounted prices. It’s happening now, albeit at snail pace.
