Rents seem to be out of control all over the place. Out of curiosity, my husband was looking at rents in the area where we used to live in when we were in Santiago, the capital. The lowest rents now are about double what the average rent was when we left in 2019. I was reading that landlords are getting pickier too now that rental demand is going up again. Many won't allow pets or children these days.
It looks like we bought at just the right time. Purchase prices have spiked up too. We wouldn't be able to afford anything.