Let’s see 3 lease renewals in the last four years and my rent has gone up….never. I feel so lucky to be among the 0.1% 😉
Don’t forget—the “outlying areas where people speculated” were purchased and financed by people who live in “areas that were desirable to live in”.
This is a zero-sum game and I know LOTS of people who live in “desirable” areas that took bus trips to Arizona to invest within the last year and a half…YEE-HA!!!!