@Tothefloor
The market doubled (100% increase) in two years and now you’re happy about a 5% decrease? Home prices need to fall about 70% from their current. THAT is where the market should be.
@Lostvlog-j5t
These rents are still way too damn high!
@jasonshepherd2159
My rent in Austin in a 3bd house went from 2140 to 1850 on renewal after I sent them some comps!
@lanebarker297
DOWN 20% in Austin when houses went up 100%.......is just a little speed bump in the road. Not even noticeable.
@88SunsetStrip
A 9% drop in rent is peanuts. We need to see a 50 - 75% reduction to make a decent life in the USA possible.
@dominickay5968
Sleeping in your car is still $1500 cheaper than renting
@hondainsight421
Hold the line until rents are $1.00 a square foot and purchase price is $100 A square foot
@bogdansafarov
In addition, prices in three years went up almost 50% over US and the interest is 7% so for the people to start aggressively buying home prices need to drop at least 40% and interest needs to go down to 4 1/2
@jeffee1933
It’s only shocking if you haven’t been paying attention. Ignorance is bliss until it’s the end of you
@betsycosmos2054
As a renter, I wish my area was one that was going down. I've lived in the Savannah area for 3 years. My rent went up $50/mo after year 1, $80/mo after year 2 and $120/mo after year 3. I'm maxed out! My landlord is an investor and lives in CA. i don't even know his name, have to go through his property manager (who thank God is awesome). But I dipped into savings to stay in this home one more year. Ouch!
@JuanJimenez-od1ho
Austinite here. Housing is just coming down to what it SHOULD be. Insane pricing during and after covid due to all the Californians buying well over asking, sight unseen, with cash. Austin was SO expensive over the last two years. Definitely feels more affordable, and so many new apts coming in the market in north austin and Pflugerville, that they’re offering up to 10 weeks free.
@jvp2916
So maybe there never was a real housing shortage? There was just hoarding of homes.
@aaronm.33987
They just tried raising my rent 500 here in Houston Texas. We put our notice to vacate in today.
@theusachad75
My HOA went up 150% since 2019.
@mikethedesertrat
I appreciate your videos. You're not always right, but numbers are numbers, and sharing this, in an understandable manner, is hard to find. So thank you.
@tacmason
These are very helpful stats - I hope people notice !
@mrskinner8473
The housing market got inflated so that the increase in property taxes would cause a lot of people to lose their homes and that's coming before the prices drop too much
@valerier4308
Thanks for the information!
@DJCaliRhythm
Rent never goes down in LA
@ReventureConsulting