Nearly everyone has bought into this rents are falling meme.
They certainly are not now. It's likely the rate of increases slows, but looking at National Rent Prices of new leases is a mistake.
Rent prices have not declined for 5 months.https://t.co/V470ZLAurT
— Mike "Mish" Shedlock (@MishGEA) February 23, 2023
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