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Sinopsis

Rent growth has been slowing down in step with the economy, but it’s still running hotter than it was before the pandemic. And that’s expected to encourage more jurisdictions to consider and or pass rent control legislation. Even Florida is turning towards rent control as an answer for high rents.   Hi, I'm Kathy Fettke and this is Real Estate News for Investors. If you like our podcast, please subscribe and leave us a review.   As Bisnow reports, rents remain “painfully high” for many Americans, despite slower rent growth for both single-family and multi-family rentals. (1) Year-over-year single-family rent growth hit a high of 13.9% in April of last year, but has been slowing down for the last five months. It’s still in the double digits, but is now 10.2%. Florida metros have seen the highest SFR rent growth with Miami and Orlando at the top of that list. (2)   It’s a similar situation for apartments but rent growth has come down further. Annual rent growth hit a record high of 17.6% in 2021. It’s now down