Top 7 Cities Where Rents Are Falling the Fastest Right Now - Best Places to Live

Landlords and real estate investors are drastically cutting the rents across the US Housing Market. Particularly in cities such as San Francisco, San Jose, Phoenix, Nashville, Boise and Austin.
They bought rental properties in these cities during the pandemic at sky-high prices and now are struggling to rent their properties. In some cases, they are cutting face value rents by 25%, and giving massive concessions such as moving-in costs credits, or the first 2 months rent-free.
These rent cuts are the last straw before some of these investors inevitably sell their properties. Because declining rents mixed with surging interest rates is bad news for real estate investors - particularly Wall Street Investors. Especially now that the 10-year Treasury Yield has surged above the Cap Rate, or rental profit return, for real estate returns.
In fact, some investors already are selling out. we showed examples in Nashville, phoenix, and San Francisco.

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DISCLAIMER:
All content in this video is for education, illustration and entertainment purposes. The advice given should not be taken as legal, nor financial advice.

[jacobadams]

When rent is basically the same as a mortgage you know the world is messed up.