When you see news that say rent prices go trough roof, it usually means new leases. If new leases go up 10% and only 5% of renters sign a new lease, that's o

When you see news that say rent prices go trough roof, it usually means new leases. If new leases go up 10% and only 5% of renters sign a new lease, that's only 0.5% increase to rent prices.