Another part of this - higher interest rates really put the brakes on home values. We own a rental property and the home value has more or less been locked in since 2022. In our otherwise hot metro area, nobody has raised their rental rates on similar properties in 4 years.

It's a win-win for our tenants. Prices seem to be stable and there's no rush for them to lock down a house RIGHT NOW.

It's sure not good for my bottom line as a landlord for them to keep adding homes and keeping rates up. But it sure seems like a no brainer for society at large.

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james_marks 7 hours ago | parent [-]

This balanced perspective on what’s good for someone personally vs what’s good for society at large is what’s missing from the world.

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bombcar 6 hours ago | parent [-]

Any reasonable landlord/real estate investor will have planned for various results - if your rental empire depends on "rents go up" and can't handle a flat market, let alone a downturn, you're going to be in for a bad time.

A stable market is great; as you can find good deals with some sort of certainty, and focus on where you can actually build value (rehab, etc).

	▲	seanmcdirmid 6 hours ago \| parent [-]
		If you are smart, you throttle up investments just before a boom starts and throttle them back just before a boom ends. At least you try to up your margins during good times so you can survive bad times. The trick is keeping your talent employed during the bad times so they are trained up and still in the industry for good times. Stability is obviously preferable.