The Atlantis Report: Rent Prices Rising 3 Times as Fast as Official Inflation Figures

The Atlantis ReportPremiered Aug 4, 2021 Although the pandemic created some softness in the rental market last year, 2021 brought the fastest rent growth we have on record, and it is only a matter of time before rent inflation measured by the government catches up to the staggering prints observed by Apartment List. What is striking, is that in many individual cities across the country, rents have now surpassed the level where they would have been if rent growth had not been disrupted by the pandemic. And in markets like San Francisco and New York where “pandemic pricing” is still…