775: BiggerNews: Rent Unaffordability Crosses Dangerous New Threshold w/Lu Chen and Thomas LaSalvia
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Explore "multifamily housing" with insightful episodes like "775: BiggerNews: Rent Unaffordability Crosses Dangerous New Threshold w/Lu Chen and Thomas LaSalvia", "765: Seeing Greene: Out-of-State Mistakes, “Low Risk” Real Estate, & False Cash Flow", "The "Big Shift" That's Finally Causing Rents to Fall", "506: Achieving Financial Freedom Through Small Multifamily Investing" and "TIP368: The Best Opportunities in CRE w/ Ian Formigle" from podcasts like ""BiggerPockets Real Estate Podcast", "BiggerPockets Real Estate Podcast", "Odd Lots", "BiggerPockets Real Estate Podcast" and "We Study Billionaires - The Investor’s Podcast Network"" and more!
Rent inflation went wild in 2021 and 2022, turning it into one of the most substantial drivers of overall inflation. But good news: it seems pretty clear that rents are now finally falling. Private sector measures, from companies like Apartment List and Zillow are starting to show a clear decline. So what's changed? How hard could rents drop? And could a renter in a place like New York City actually get a rent reduction? On this episode of Odd Lots, we speak with Chris Salviati, the top housing economist at Apartment List, to discuss what's changed and what 2023 has in store.
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