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A durable real estate market is built on personal income growth; Monthly Statistical Update (February 2021)
Regarding the February 2021 Monthly Statistical Update, how do you think personal income growth will impact the real estate market in the coming months?
I have been a property mgr for 21 years in California, it will be difficult, if not impossible for tenants to give 3 times their rent as a deposit. Owners will need to make payment arrangements to collect 3 times the rental amount as deposit, put the landlord in a precarious position once again!