However the rental prices are still retarded and are only going to go up.
Rental prices are exactly what they should be. If they were too high, they wouldn't find renters and would have to lower their prices. That's how supply and demand works. It also works by increasing the price when there is an increase in demand (by say importing millions of "refugees") without a matching increase in supply.
The cost of living is what it is because your fellow countrymen voted for it to be that way. They all decided that they wanted asspats from the media more than they wanted affordable housing. I hope they all get everything they have been voting for, long and hard.
I've done okay with rentals outside of what you'd call hipster liberal areas, but that's in America where such places exist that aren't shitholes. Rural small-to-mid size towns in red state. Cheap to buy and easy to rent if you buy right. The rent isn't that crazy but I don't lose money at all. I've not had to evict but I've heard it's pretty easy in the state. My tenants stay in, pay, and don't trash the place. I fix things that are broken without much complaint and don't run the rent through AI models to extract every little cent. Works fine for me.
Although I may start to sell out if any tenants leave. Not that there's been a lot of issues, just I've built up quite a bit of capital there, maybe I'll try commercial real estate or something. For now, if they keep paying I'm going to leave them be.
Rental prices are exactly what they should be. If they were too high, they wouldn't find renters and would have to lower their prices. That's how supply and demand works. It also works by increasing the price when there is an increase in demand (by say importing millions of "refugees") without a matching increase in supply.
The cost of living is what it is because your fellow countrymen voted for it to be that way. They all decided that they wanted asspats from the media more than they wanted affordable housing. I hope they all get everything they have been voting for, long and hard.
I've done okay with rentals outside of what you'd call hipster liberal areas, but that's in America where such places exist that aren't shitholes. Rural small-to-mid size towns in red state. Cheap to buy and easy to rent if you buy right. The rent isn't that crazy but I don't lose money at all. I've not had to evict but I've heard it's pretty easy in the state. My tenants stay in, pay, and don't trash the place. I fix things that are broken without much complaint and don't run the rent through AI models to extract every little cent. Works fine for me.
Although I may start to sell out if any tenants leave. Not that there's been a lot of issues, just I've built up quite a bit of capital there, maybe I'll try commercial real estate or something. For now, if they keep paying I'm going to leave them be.