World News

22063 readers

63 users here now

Breaking news from around the world.

News that is American but has an international facet may also be posted here.

Guidelines for submissions:

Where possible, post the original source of information.
- If there is a paywall, you can use alternative sources or provide an archive.today, 12ft.io, etc. link in the body.
Do not editorialize titles. Preserve the original title when possible; edits for clarity are fine.
Do not post ragebait or shock stories. These will be removed.
Do not post tabloid or blogspam stories. These will be removed.
Social media should be a source of last resort.

These guidelines will be enforced on a know-it-when-I-see-it basis.

For US News, see the US News community.

This community's icon was made by Aaron Schneider, under the CC-BY-NC-SA 4.0 license.

founded 2 years ago

MODERATORS

[email protected]

Renters Are About to Get the Upper Hand | The Wall Street Journal (archive.ph)

submitted 1 year ago* (last edited 1 year ago) by [email protected] to c/[email protected]

10 comments fedilink hide all child comments

Original

you are viewing a single comment's thread
view the rest of the comments

[–] [email protected] 2 points 1 year ago (1 children)

No they won't. Rental rates may flatten out or even fall slightly, but it will not be some sort of benefit for renters. The vacancy rates are still far too low for that in most cities.

[–] [email protected] 1 points 1 year ago

Yeah, with vacancy rates being so low the rates flattening seems to be an indication that landlords have squeezed almost as much rent as tenants can bear.

If milk shot up to $15/g before flatlining I wouldn't think that the cost would soon decrease, but rather that nobody would buy $16 milk.