Apartment rents have been growing at a rapid clip this year, after a stagnant to
modest increases observed during the height of the Covid-19 pandemic last year.
It’s not uncommon to hear about bidding wars for homes in today’s housing
market. But “leasing wars” for rental units are popping up in some cities as
demand for multifamily housing remains high.
Soaring land values, inflation concerns and a desire among real estate investors
to diversify their portfolios is prompting new interest in farmland real estate.