There are signs that rental home prices, which have been skyrocketing this past year, may now be easing. Nationally, the rate of increase is slowing, but in some areas, rental prices are actually dropping. Experts believe renters should take advantage of the softening rental market and negotiate breaks or discounts.
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Rental prices dropping in some cities
#RealEstate #businessnews
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im glad im not renting anymore people are getting screwed. people should not make money off someone elses hard work
There should be nationwide free rent. Hard to imagine the worlds richest country struggled with this issue.
@jk1289 And free food and free cars!
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@rauserbegins They are not giving it willingly – many people dont have a choice. It’s either pay that insane amount or sleep on the streets.
The money is an exchange for a place to live do you not know how it works? 🤦
High rent was better than trump remember sheep
Are you implying rent wasn’t high when Trump was in office? 😂😂😂. It was high back then and it’s high now.
buybuybuy
The dude talking about San Antonio needs to replace his smoke detector battery 💀
I was at my mom’s house for the holidays 😂😂
@Texas House Tours with Adrian I hope you replaced it before you left 💀
I have four rental units. I love it. Keep renting guys.🎉
Keep raising prices 20% a year – squeeze them!
I own 1. Bought one a year ago in my late teens and it was one of my best decisions. I own a house as a teenager.
@Random User be grateful you have generous parents!
You are part of the problem. Get a real job
Airbnbs. Small investors buying family homes. Renting their first homes in the future because it would make sense to sell them is the future. Home ownership in America is about borrowing as much money as you can and buying that house you want
Where
The government should’ve let the population shrink naturally. Smaller population will make life competition less intense and lower property prices as happened in Japan, which will eventually make the citizens happier
This won’t get any better as equity firms are gobbling everything up and charging outrageous prices for rent
Good 👍
I live in Rhode Island, and it’s not budging here.
Rhode Island is cheap tho right?
@PROFESSIONAL CHEEK CLAPPER Not at all. We’re the smallest state in the USA, so that doesn’t help much.
@PROFESSIONAL CHEEK CLAPPER heck no
thats weird, i live in cambridge massachusetts and yeah massachusetts is expensive but everyone in mass
knows rhode island is cheap.. ive seen two bedroom apt go for like 1000 a month
The cost of rent isn’t decreasing. This is just government propaganda.
Hah. San Francisco and the rest of Bay Area, have you got the message? Give us a rental break.
Demand and supply dictate the rentals. The above commenter said the rentals in Rhode Island have not changed. Maybe more job creation can happen in RI because of high rentals in SF bay area.
The median rent in the US is around $2k/month. So a 5% drop off $2k is $100. I wouldn’t say that’s anything special…
@Mr. Tomhomes and rural areas are bad, they are antisocial and less sustainable than urban developments and dense housing.
Rents have skyrocketed since Covid began. Any reduction is significant, my friend.
At least it’s not $100 more. It didn’t seem like it was going to change direction before
$2k? Da fuq is everybody renting mansions?
@Jose Flores where do you live? In the rural areas?
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Bull
I ain’t never seen rent lower, anywhere, ever.
Best news so far this New year! Please keep it up!!! 🙏
There is a special place for bad landlords.
Exodus 20 kjv Holy Bible
Don’t rent. “You will own nothing and you will be happy”.
I’m so fudging lucky. My rent has not risen even though the pandemic. And I live in Honolulu, Hawaii.
Bisssshhhh where? Lies
When you can’t afford rent you can’t live there and you can’t work there!
I hope Adrian changes the batteries in his smoke detector
I don’t know how people live with that noise constantly going off all day and night. No ma’am!
All this is fine if wage was negotiable. You can’t have your cake and eat it too. If your business owner with real estate and you intend on paying minimum wage, all while charging premium rental rates then your raining on your own parade
My rent was $900 a month when the new lease came up the landlord wanted $2650 he said markets gone up so o well this was 8 months ago I was like I don’t even make that a month now i live in a van worlds gone crazy over Greed!! Its a shame….
@Rico Suave do you have proof for saying such a loaded statement?
The fact our politicians embezzle and steal daily…yet citizens are starving…means we are a failed state.
@0IIIIII I’m a waitress but also retire nurse , none of working class deserve this ever
Cool my rent is free.
coool my rent is free. what’s up with your landlord.
Bidens america
Rent started to go up when the pandemic started during the twice-impeached, former president’s America.
@B Real the biden administration promised to make things better and started giving out free checks just to mess up inflation.
1:01 😆🤣🤣🤣
Bs report!!
Is the renters going to cry for the landlords who will loose out of money?
Landlords have been totally gouging people, so yeah…
I clicked so fast…. none of the hot markets are moving. Atl CA NYC click bait
Thicker then a Bowl of Oatmeal
All she needs to do is just open an OF and she won’t have to worry about rent anymore 🤣
Than not then…
THANK GAWD!
Man Colorado is really bad
To be fair, Mr.Wells, you’re in San Antonio, a military city. Military cities will always be more affordable compared to non military cities. And quite honestly, you may have been able to find a house and pay less on mortgage than rent. But to each is own.
Thank you
This means investment property sales has stopped completely. ROI is dropping. Foreclosures is coming.
WOW. My rent went up 50% over the past 2 years and it dropped 5% this month. I feel happy.
If you have a lawn, you should be growing food. I grew all my food last year and saved $6000! Grass lawns make you poor!
Oooooh aaaaaaah
🤔 did that last box backwards
Still dont see the big issue. Santas elves bleeding you.
Landlords ripped people of making people homeless. I hope they go broke
Good. Landlords absolutely have been rinsing everyone beyond belief and they deserve the imminent crash that’s coming.
What cities are those???
Houston TX, Oklahoma City Ok, Minneapolis MN, and Phoenix AZ.
Rents may be going down in NY but not here in south Florida. They are going even higher if anything.
Florida is the new California
It’s going up here in Utah too twice now since the pandemic and my bf was a Covid survivor and we haven’t worked for two years he’s still on oxygen. Greed and we are looking to Florida 😂😂
It costs $$$ to live in one of the free states.
Florida is blowing up like it was always suppose to. From young professional living to senior living and everything in between, Florida is booming.
@Matt Bailey it costs to live anywhere 🥺
Fake news
Where????? Rent down at
If only the corrupt government would adjust wages accordingly. 50% rent increase should equate to 50% salary/wages increase. But there is so much corruption in the US government, they work for the corporations not the people. Conservatives are so brainwashed into voting against their own interests as workers that nothing can be done about it. Progressives can not effect change alone. I’m moving to Europe in a couple of years but I fee sad for the younger generation Z.
Get rid of landlords. Get rid of having more than one home per family
I wish they’d go down in the metro Atl area. I got a $15k raise and a promotion a couple of months ago and thought I’d finally be back on my feet after getting laid off around the time the pandemic hit and having to stay with family, but with today’s prices, I’m still struggling to find something nice. My $1500 budget doesn’t get much nowadays. Smh…
It stinks
Lol not here in Southern Orange County, California!! Not even close!
Still high..the net from 2020 is what they should be comparing it too.
Great! We will now only need three full time jobs instead of four! Thanks Joe Biden!! You are an awesome president! Pathetic!
Good news for some, but rental or mortgage prices are just one part of the puzzle, how about the increase in utilities (water, electric, etc), internet/cable/satellite, insurance prices, or other household expenses?
IM ADRIAN WELLS IM ALSO A REALTOR IN SAN ANTONIO
Anybody noticed that she didn’t even close the box right and why would she be putting magazines in a box out of all the other important things 😒
1:01 Never trust a Black guy that can’t change the batteries on his smoke alarm