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Why is RENT SKYROCKETING??

Ken McElroy Show

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The Importance of Rents

The fourth reason that rents are going up right now is immigration. You're migrating people into different communities and obviously those people need a place to live. Multifamily is down at least 20 to 40%, depending on where it is. Same with, you know, most of commercial real estate. And so that puts additional supply on all of those things we mentioned: grocery stores and the school systems.

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