The Landlord Economy Is Doing Just Great

In case you haven’t seen this chart before, this is a look at rental income, which has been updated after today’s personal income and spending report.

There are basically two things going on here:

One is that a huge swath of the home-dwelling population has transitioned from being a homeowner to a renter.

The other is that rent prices are surging (which you would expect given the transition in demand).

Either way, if you own property that you collect rent on, you’re doing pretty good.

chart

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