I keep hearing people say that rents are going up, but I haven’t seen it in my case or with any of my friends. It may be due to many FBs trying to cover more of their carrying costs on their “investments” by increasing their asking rent. If you’re looking for a place to rent now, it would be a good idea to look around carefully before signing anything, there are probably still some deals to be had from good landlords that have owned their properties for a while. Also, we’ve noted before on this board that the rental market is pretty tight below $2K/month, but once you go over that you can get a lot for your money.
