The surge in rental prices isn’t just about supply and demand—it reflects larger economic trends, housing policies, and investment dynamics. High rents serve as a key indicator of the overall health of the property market and the economy. Let’s delve into what high rents signify and why they matter. High Demand for Rental Properties One of the main reasons for high rents is the increasing demand for rental housing. This demand arises from: Population Growth: Growing urban populations drive the need for more housing. Migration Trends: Expats and internal migrants