"With vacancies on the rise, some landlords are doling out one-time discounts to attract renters while maintaining high asking rents on paper"
  • themeatbridge@lemmy.world
    532·
    9 months ago

    Because downward trends in rent affect real estate futures, which affects lending rates, which could cause the artificially inflated property values to collapse.

        • bstix@feddit.dkEnglish
          61·
          9 months ago

          Many people do think about the inflated property values. Namely the landlord, the landlord’s accountant, the bank and the tax office.

          So, for every single property there are at least 4 people thinking about the property value, because that’s where their money comes from.