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> people came roaring back. The average rent increase in my neighborhood was over 20% Just throwing a thought out there, but your anecdote might say a bit more
by logicalmonster 4y ago
> people came roaring back. The average rent increase in my neighborhood was over 20%
Just throwing a thought out there, but your anecdote might say a bit more about inflation than about a returning population.
- gamblor956 4y agoNo, these buildings are completely full. The average vacancy for the apartment buildings in my neighborhood is less than 1%. Also, you're ignoring the bit about the waitlists... See also LAT article on this phenomenon, but across the metro area as a whole. https://www.latimes.com/business/story/2022-05-17/california-housing-market-rental-vacancies?fbclid=IwAR366z279FE2r1_QVdf38gjYRBIiBu_RtLHevwIpDYc7c_9q9LJ01U0gz-M https://www.latimes.com/business/story/2022-05-17/california...