Well I don't know what your point of comparison is, but my wife and I have been looking at buying or renting a bigger place (new baby) and all the stats I see when looking at places indicate purchase pricing going up at about double the rate of rental prices (often 5-7% YoY rent increase vs 10-15% YoY purchase price increases).
This has been the case for the last couple years at least. What do you attribute the discrepancy in rent increases vs purchase price increases if not for rent controls?
Do you know nobody living cheaply with an old contract that they would never get today, and that their landlord can't increase to market rate? Cause I know loads such people and this would not happen in a place without rent controls.
This has been the case for the last couple years at least. What do you attribute the discrepancy in rent increases vs purchase price increases if not for rent controls?
Do you know nobody living cheaply with an old contract that they would never get today, and that their landlord can't increase to market rate? Cause I know loads such people and this would not happen in a place without rent controls.