“palo alto” apartment rent trends
It’s search engine Thursday.
Recently someone found this site by searching for: “"palo alto" apartment rent trends”
This is easy. Up. Rents always go up.
I guess the tricky question is: by how much? 10% 20% 30%?
With the recession over, and IPOs going to start blossoming this year, I’d say probably at least 10%. More importantly, house prices are going to start to soar this year, and that will drive up rental prices in that… uh… supply and demand.
So, your best bet is probably to buy 2 houses now, and rent one out!
January 28th, 2010 at 5:04 pm
Alllllllllllll clear for takeoff! Everyone who gets a job this year will move out of their cardboard box and need a place to rent, right? It’ll be a party like 1999 for landlords around here.