So somebody please explain to me why my rent for my apartment went up over 50% this year.
because there is a landlord shortage. Nobody want the hassle-so BlackRock and Vangaurd are becoming the landlords of last resort
Apples and oranges ...
Costs of doing business
1. Real estate taxes going up
2. Insurance increases up (ours went up 25%)
3. Interest rates up. Most investment RE are ARMs
Up to ten million new “Americans” from south of the border and limited new apartment construction due to high interest rates.
Congressional spending creates new dollars.
Since the BRICS people are starting to deal in their local currencies, we can no longer hide the spending in overseas deals and purchases, so inflation shows up here immediately.
That and Biden deliberately destroying both our oil and much of our supply chains.
Easy! Because you are one of a dwindling number paying for all the rest of the bums who are NOT paying.
Because there are millions of new illegals now in America's rental market.
Somebody has to pay for the declining values of Democrat ran commercial properties. In communism, you are either rich or poor. They squeeze the middle class until they are poor. The rich protect themselves and the poor . . the poor will always be among you.