• BlameThePeacock@lemmy.ca
    link
    fedilink
    English
    arrow-up
    18
    ·
    1 year ago

    No they won’t. Rental rates may flatten out or even fall slightly, but it will not be some sort of benefit for renters. The vacancy rates are still far too low for that in most cities.

    • tristero@lemmy.world
      link
      fedilink
      English
      arrow-up
      11
      ·
      1 year ago

      Yeah, with vacancy rates being so low the rates flattening seems to be an indication that landlords have squeezed almost as much rent as tenants can bear.

      If milk shot up to $15/g before flatlining I wouldn’t think that the cost would soon decrease, but rather that nobody would buy $16 milk.