There are several main price factors that affect the rent:
1. Total number of rented houses in the city: Assuming that the number of rented houses in the city has not changed and the salary has not increased, but the total number of rented houses has decreased, some of which may become self-occupation or other circumstances, resulting in a decrease in the number of rented houses, then the rent will definitely increase.
Second, the total demand side of the city: assuming that the number of renters in the city increases or decreases, the salary does not increase, and the total number of renters remains unchanged. It may be because the population has lost to big cities or the local government has supported the development better, resulting in an increase or decrease in the number of renters, then the rent will definitely increase or decrease.
Third, the income capacity of the demand side: assuming that the number of urban renters has not changed and the total number of renters has not changed, but wages have risen, which may be caused by inflation, then rents will definitely rise.
Special circumstances: (monopoly)
If large capital groups take a large number of houses and landlords who hold a large number of houses in cities, they can master the pricing power to a certain extent and control the rise and fall of rents.
Current rent situation
Nowadays, the housing price in China has ushered in the "10,000 yuan era". Therefore, with the increase of floating population in China, the rental demand of most people who work and live in other places has also increased, and the number of renters has also increased, and the number of urban housing renters has increased as a whole. In recent years, there are more and more people renting houses in China, which also reflects the strong demand in the housing rental market in China. In the near future, China's housing prices will not drop significantly. In the past three years, due to the epidemic, most people's capital reserves have decreased. In addition, many people can't afford to pay their mortgages, and people's confidence in buying houses has been hit. Therefore, it is expected that the number of people buying new houses in China will not increase rapidly, but the number of people renting houses will continue to increase, and the demand for housing rental market in China will continue to be strong in the future.