Rental Demand: Growth in Renter Households at 50-year High
April 3, 2018Rental Supply: How Individual Real Estate Investors are Benefiting
April 3, 2018According to a recently released report by Harvard University, the inflation-adjusted increase in rents from 2013 to 2015 was the highest increase over any two-year period since 1987. The official US government numbers cited in the report are supported by private research, which show an even larger jump in rents. Government research shows 3.5% average annual rent increases for 2015, while private research shows 5% average annual rent increases. Some markets like Portland, San Francisco, Fort Myers and Denver are showing annual rent increases of 10% or more.
Part of the rise in rents is due to the fact that rental vacancies are at their lowest levels of the past 20 years. As a real estate investors this assures that your investments will continue to grow
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