The collapse of the U.S. rental market is just around the corner, some real estate experts warn.
Rental prices finally dropped to pre-pandemic levels last month after millions of Americans struggled to keep up with skyrocketing housing costs since the start of the pandemic.
In a series of recent tweets, Nick Gerli, the CEO & Founder of Reventure Consulting, predicted that the rental apartment market may face a downturn.
One of the primary reasons for a potential bust is the increase in the supply of rental properties is due to a recent surge in construction, which has led to a greater supply for renters….