Inflation refuses to budge.
In September, consumer prices rose by 8.2%. Rent rose by 7.2%. It’s not in pace with what the landlords and owners are paying out, so they are actually at a loss.
This is at an all-time high in the last 40 years.
If you are struggling to keep up with payments and your rent is not covering your costs as a landlord, please reach out to me.