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The rental market is softening so fast in some pockets of the country that landlords have no choice but to offer concessions (fortune.com)

submitted 2 years ago by return2ozma@lemmy.world to c/news@lemmy.world

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[–] neptune@dmv.social 6 points 2 years ago (1 child)

It's a bubble. If they don't up real estate investing then the market goes down and they stop making money. But yes, the hypocrisy.

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[–] Zeppo@sh.itjust.works 3 points 2 years ago

Yeah, when prices rise precipitously for no real reason, people always say "it's permanent!", and it never is. Steady increases over time, sure. But there was no reason for say, houses near me to go from 250k to 425k in 3 years all of a sudden.

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