Posted 6/22/2017 20:34 (#6084917 - in reply to #6084802) Subject: RE: Cash Rents
I'm not old enough but if it ends up like the 80's (which lets all hope it does not) everyone will want to rent it for any cost until nobody wants to rent it for any cost.
Also, it may not be right but I'd have to say that for every high flyer running around jacking up the rents that high flyer is probably paying half that amount on ground where the landlord has been lenient.
But it can become a self defeating cycle. Eventually the high rent becomes the norm and whoever rents the most is the most vulnerable.