Submitted by gewehr44 t3_10m6iv9 in Connecticut
Extreme_Disaster2275 t1_j63mgmg wrote
Reply to comment by Form684 in CT lost thousands of people to other states last year, Census Bureau says by gewehr44
That doesn't jibe with rents doubling. Where are these singles getting the money to pay $2k for one bedroom? Especially if companies are leaving the state and cutting jobs.
Form684 t1_j63nosr wrote
It does jive with rents going up, less supply more demand, also the effects of the pandemic are still lingering on the rental market. Clearly people are paying it, wether they are over extended is another story.
Extreme_Disaster2275 t1_j63rw7u wrote
People leaving means lower demand.
The stories don't add up.
Whaddaulookinat t1_j65bvci wrote
Because you have your facts wrong
Extreme_Disaster2275 t1_j65n47q wrote
What facts? That rent is rising drastically? I wish I was wrong about that. Go ahead and show me where rent is dropping. Please.
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