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Podcast: BiggerPockets Daily
Episode: Rent Prices Are âGuaranteedâ to Increase Over the Next Two YearsâHereâs Why by Jeff Vasishta
Description: For landlords feeling the pinch of high interest rates or would-be investors wondering how they can cash flow, thereâs some good news: Rents will continue to rise. However, for rent-burdened tenants, the outlook is not so rosy.âWeâre gonna build 600,000 apartments this year,â Barry Sternlicht, CEO of Starwood Capital, an investment firm specializing in hotels and market-rate multifamily housing, said recently on CNBC about Americaâs construction of apartments, âand 400,000 the year after and 230,000 the year after that.â Learn more about your ad choices. Visit megaphone.fm/adchoices