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The "Big Shift" That's Finally Causing Rent Prices to Come Down | Odd Lots
Posted
January 30, 2023
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41:02Now PlayingRent inflation went wild in 2021 and 2022, turning it into one of the most substantial drivers of overall inflation. But good news: it seems pretty clear that rents are now finally falling. Private sector measures, from companies like Zillow and Apartment List are starting to show a clear decline. So what's changed? How hard could rents fall? And could a renter in a place like New York City actually get a rent cut? On this episode of the podcast, we speak with Chris Salviati, the top housing economist at Apartment List, to discuss what's changed and what 2023 has in store.
Bloomberg's Joe Weisenthal and Tracy Alloway analyze the weird patterns, the complex issues and the newest market crazes. Join the conversation every Monday and Thursday for interviews with the most interesting minds in finance, economics and markets.
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