The market around me is the opposite. The single family home I bought was just remodeled with modern amenities and the house is in a nice walkable neighborhood.

The market around me is the opposite. The single family home I bought was just remodeled with modern amenities and the house is in a nice walkable neighborhood. The rentals around me costs less than my mortgage but they're not nearly as nice. I'd be willing to rent a place like mine, but there simply isn't any rental inventory like it. Maybe above a certain price people would rather spend that on a mortgage than rent.