Graham Stephan Says Rental Prices Have Begun to Crash. Here’s … – The Motley Fool

Graham Stephan Says Rental Prices Have Begun to Crash. Here’s How Home Buyers Can Take Advantage Please ensure Javascript is enabled for purposes of website accessibility This device is too small

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It’s actually good news for renters and buyers alike.

Key points

  • After months of increases, renters can finally look forward to lower prices.
  • Lower rents could also work to home buyers’ benefit, as more people will be content to stay renters, possibly meaning less competition in the housing market.

    When the COVID-19 pandemic first reached U.S. soil in early 2020, it spurred an unprecedented employment crisis that forced many Americans out of work and left them behind on their rent. To prevent widespread evictions, lawmakers implemented a ban that barred landlords from removing tenants from their homes on the basis of not being able to pay.

    That hurt landlords in a very big way. And so when rental demand

    The original article can be found here