Is the Cost of Rent Going Up?

Cost of rent is up higher than that over the last year. Why? Inquiring minds want to know, has rent gone up by a huge amount over the last 12 month? Cristo gosh put me on the spot. Is it because the housing prices are so expensive the people can't afford so they're renting more? Well, there is that element. But what was going on in america a year ago? Corona virus, right? And we were basically where there were all those people who'd been unemployed. They were moving out of where they lived. Apartment rents had gotten depressed in a lot of the country. The federal reserve and other central banks have not as many tools