Low interest rates increase real estate property prices, but at the same time tend to reduce rents. The increase in rent prices is more likely due to an increas

Low interest rates increase real estate property prices, but at the same time tend to reduce rents. The increase in rent prices is more likely due to an increase in demand for housing in cities, by people who want to move there, which is not balanced by a similar increase in available housing (and on the last point, low interest rates make building new housing more attractive).