05/06/2026
The rental market feels different right now.
Not crashing.
Not booming.
Just… shifting.
In Los Angeles especially, we’re starting to see:
• flatter rent growth
• more concessions
• renters shopping around longer
• more competition between buildings
At the same time, affordability is still a major issue nationally.
So while renters may finally be gaining a little leverage again, housing still doesn’t exactly feel “cheap.”
The interesting part?
Markets like this usually expose who actually knows how to operate real estate well.
The “easy mode” of real estate appears to be fading.
Curious what everyone else is seeing right now in their market.