Washington Post: Rent growth softening up

Just to follow up on my post about apartment REITs and rents, the Washington Post has a story talking about rent growth softening up in the D.C. area. I think this trend is only going to pick up in the coming months, and that it will catch those looking for some massive surge in rents off-guard. We simply built too many housing units of all shapes and sizes in the past few years. That will keep the for-sale and for-rent markets well supplied for some time to come.