sdr,
The impression that I have is that apartment rents are going up in large cities. However, where I live (L.A.-Ventura County Line), rents of SFRs and townhomes have been flat for the last two years.
Many of the houses that I see “for lease” today around here, are “also for sale”. The funny thing is that asking prices for these houses are in excess of 280 times the monthly rent. I think the historical ratio is about 120 times! Well, at least prices are not over 300 times monthly rates as they were only two years ago.
