Comment by rossdavidh
5 days ago
Not saying it's not noteworthy, but Austin rents have also been trending down lately.
I just recently heard the term "accidental landlord", which is someone who can't (or won't) sell at a price low enough to actually get rid of their house, so they rent it out. I know that's a factor in Austin; I wonder if it's part of the story in Denver?
In a proper market economy there are many accidents in everyone’s career as they adapt to changing market conditions. Only in a planned economy do some market segments face no surprises.