does rent go up each year to stay with inflation?

Question

how much is inflation each year?
do CD'S keep up with inflation for the average income?

Answer 1

Rent will also tend to go up but may not be at the same rate as inflation .
Inflation rate varies year to year and country to country.
In the US year to year inflation has varies between 1% to 3% or so for many years.

Answer 2

Rent does tend to go up every year, but most cities have "caps" on how much rent can increase each year. $50 a year seems to be the average in most big cities. Profit margins on rental properties are less than most people believe, and many operate at a loss. They are a long term investment that most of the profit comes on the re-sale of the property. Property owners try to get their rent into the "black" by raising the rent ever so little each year.

CD's are designed to beat inflation. Savings accounts are set up to keep up with inflation. The interest you earn on a savings account keeps your money at the same real value every year.

Answer 3

I think you have got it back to front! Rent goes up! That's inflation!

Answer 4

Rent is based on what the landlord determines. My daughter's greedy landlord ups her rent every year by $50.00 but never makes ANY repairs on the place. My landlord, back in the day, only raised my rent once $25.00 in 7 years. And no, nothing keeps up with costs, ever. Hope this helps!!!

Answer 5

Rent goes up for different reasons.
Greedy Land Lords,
their Property Taxes, Fire Insurance cost,
up keep of property...