If property values in southern california are declining, why does my rent go up every 6 months?

Question

If property values in southern california are declining, why does my rent go up every 6 months?

Answer 1

Because rental markets and sales markets are different.

Answer 2

The rent should be going down soon.  A lot.  Hold on.  .

Answer 3

It's the market... My place goes up every lease renewal as well.

A lot of private LL's (as oppose to companies/agencies) don't raise rent with the market (they CAN, don't mistake "don't" for can't!) just most don't.

But dang near all rental communities run by agencies or corp's do...

Answer 4

Because the cost of everything else is going up and your landlord needs more money, so there you are along with other tenants....