Rent will keep going up. First of all the prices on everything have gone up, it's much much more expensive to do building up keep now than it was 2 years ago. Inflation effects everything. Taxes have gone way up and those get passed through to tenants. Labor costs have gone way up. Etc etc

On the other side there's a huge shortage of housing as people keep moving here.

Supply is going up and that helps but all it's doing is keeping rent from rising even faster than it otherwise would