• themeatbridge@lemmy.world
    link
    fedilink
    arrow-up
    48
    arrow-down
    2
    ·
    1 year ago

    Because downward trends in rent affect real estate futures, which affects lending rates, which could cause the artificially inflated property values to collapse.

        • bstix@feddit.dk
          link
          fedilink
          English
          arrow-up
          4
          arrow-down
          1
          ·
          edit-2
          1 year ago

          Many people do think about the inflated property values. Namely the landlord, the landlord’s accountant, the bank and the tax office.

          So, for every single property there are at least 4 people thinking about the property value, because that’s where their money comes from.