There is no competition possible from people like me. Luckily, this will not have too much effect in most of my areas of property. But that's because I have been invested/investing in certain areas regarding other available rentals and trying to keep in where there is at least a certain demand.
But over the last couple of years, there has been some dramatic changes in rentals coming available and it has taken time for the amount of people needing a home to rent instead of owning or purchasing to catch up and the market has lately seen some turnaround.
Why the Gov is seeing the opportunity I guess and going for more of the pie. All part of the new current RE cycle. Next the Gov will be putting trailers on the empty lots and renting them out. LOL
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