USA | Fetv - 2/8/2026 10:08
I have a rental unit that 7 years ago rents were $500-$600. 2 bedroom 800 sq ft .these units rent for $1295 now. So between $8400-9600 annual increase couple that with higher food costs and utility costs, gas prices and ur likely in the $12,000 annual increase range. That would likely be $16-$18k in actual pre tax earnings or up to $1,500 per month.
Have wages kept pace? Makes it tough for someone trying to get anywhere.
Talked to a couple people trying to buy houses and it’s hard chasing the rise in prices.
I’m sure it can be done but it’s definitely tougher in this environment.
On the flip side of people owning assets especially ag ground. Wealth doesn’t necessarily equate to cashflow.
And you are part of the problem raises rents that much in 7 years. |
K shaped economy
