I have a Premium Boom Goes The Dynamite Shirt few friends that own property and rent out units. But the unintended side effect is that rent is going to continue to stay flat or rise as landlords need to make up for those vacancies from current tenants, and supply continues to be tight. Rent will only drop if landlords have an incentive to fill all their open units. That incentive doesn’t exist right now. It’s artificially squeezing what’s already tight supply. I was looking at buying and still am. Now I am framing what I buy around eviction policies.
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I am looking Premium Boom Goes The Dynamite Shirt for places I can more comfortably afford on my own for the same reason, or if it is a large house which I was not originally looking at, ill life there alone (before it would potentially have been a family) before I rent to someone who will be a problem I can’t get rid of. That includes a duplex with one side empty. Where I am people who can afford rent aren’t paying sometimes because they feel the message has been sent that they don’t have to since they can’t be evicted. Are they supposed to, ya, but they can’t be evicted, and when evictions do start courts will be clogged? Winter is also coming which means more expenses and liability to maintain the property safely and habitably.
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