Surprise, Surprise! Rents On The Rise! (Mindset)


Manage episode 295933485 series 2820712
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What a time to be alive! As the country continues to recover from the whirlwind that was 2020, we are just starting to see the impact of a worldwide pandemic, economic shutdowns, and widespread unemployment in our day-to-day lives. Rent and eviction moratoriums were beneficial for the people negatively impacted by COVID-19, but as time wore on, it became clear that some were more content than others to squeeze every last drop of relief out of the economic stimulus initiatives. I mean, who doesn't like free money and no rent payments, amiright?! But now, as the moratoriums are ending, the normal tenant-landlord relationship is being restored, and rising rent rates seem to be a side effect. But what factors contributed to these increases? Listen as Donny breaks down why renters are seeing a spike in their rates and what they can do to take back their power.
Mentioned in today's episode:
Launch Control
Here's a link to the article Donny discussed in today's episode:
Rents For Single Family Homes Just Saw The Largest Gains In 15 Years

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