The 15% or so rental increase in SFH could just be a mix shift towards more higher end SFH being offered as rentals. I was surprised by how many $3000+ SFH houses there are on the market; but won’t be surprised if former owners with good profit from selling their houses are now willing to pay up a little so that they don’t compromise their lifesytle. Ultimately, rental price has to be supported by income.
