Rent Prices "Cool Off," Landlords Compete for Tenants in These Cities

"you'll see again in these places like Austin and Raleigh so many multi family coming on it's likely that rents are going to be soft"

"whereas other places like Indianapolis or Philly they more balanced multif family Supply they're going to see stronger rent growth"

"if there is a recession... demand for rentals are likely to stay high and that should help rents at least maintain their current rate nationally if not grow a little bit"

"you'll see again in these places like Austin and Raleigh so many multi family coming on it's likely that rents are going to be soft"

"overall my expectation is for rent growth to be below the rate of inflation for the next year... I think we'll start to see rent growth on a national basis come down to maybe 1 to 2% and I think inflation's probably going to stay in the 2 and 1 half to 3% for the next couple of months meaning on average investors are going to be losing some profit in real dollars... that is my expectation on a national level at least for the next year"

"whereas other places like Indianapolis or Philly they more balanced multif family Supply they're going to see stronger rent growth"

"a lot of people would choose to rent and that means demand for rentals are likely to stay high and that should help rents at least maintain their current rate nationally if not grow a little bit"

"overall my expectation is for rent growth to be below the rate of inflation for the next year"

"I think we'll start to see rent growth on a national basis come down to maybe 1 to 2%"

"inflation's probably going to stay in the 2 and 1 half to 3% for the next couple of months"