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It doesn’t have to match inflation, and there is a little circularity here, since (residential) rent is factored into inflation. I don’t have any insight into c
by uxp100 2y ago
It doesn’t have to match inflation, and there is a little circularity here, since (residential) rent is factored into inflation. I don’t have any insight into commercial rents, but my experiences in residential renting in the 2000s and 2010s would indicate no, yearly rent increases are not expected. They happened from time to time, but far from yearly. Maybe Twice in 10 years? And rents have gone down when the housing market drops, though you might have to move. I’m not sure this really means anything though. It’s more like, how often do you want to evaluate the market. It’s made easier by (possibly cartel creating) software that automates the process now though, so things could be different. But the survey question does seem like it doesn’t mean that much on its own to me as well.