GOOD News for Real Estate Inventors | Tim Hubbard

Good news if you are a real estate investor or if you're going to be investing soon, and that's that rents are going up. They're continuing to go up, I should say, because they have been for over a decade. Why is it that they're going up? Well, in a nutshell, housing supply is going down. It costs too much to build properties now or it's costing more than it ever has and it takes longer than it ever has because of zoning and permitting issues and things like this. But at the same time, we have more people renting or becoming a renter nation. The homeownership rate has dropped 3% since 2018. And for every percent it drops, that means millions more people are going to be renting. So we want to be in the good markets where people are going to. But if you're invested in real estate right now, hang tight because things are going to get even better.