I'm not sure that's true. Wouldn't it be indirectly related? Landlords often set prices based on what they think is the market rate. Other landlords who bought

I'm not sure that's true. Wouldn't it be indirectly related? Landlords often set prices based on what they think is the market rate. Other landlords who bought their properties at higher prices will tend to raise rents, bringing up the average. Also, someone buying a property might choose to live there instead of renting it out. Not sure how it all shakes out.