I was responding to this: > If i am reading this correctly, they raised the price of houses more than they reduce the price of rent. In a market with some abu

I was responding to this: > If i am reading this correctly, they raised the price of houses more than they reduce the price of rent. In a market with some abundance, some external factor like a change in tax law might result in the balance changing so much that some prices go down. For example many owner-occupied home to be acquired by investors and rented out. The extra availability of rentals might push the rents down. But in many US markets, there aren't so many properties changing hands. So rents will still go up. The slight change in balance will not push rents down. There are currently some prices AND rents somewhat down in the SF Bay Area: Next to the street RV camping and worst street action.