CL prices are wishing rents just like the MLS asking prices.
Just because people ask doesn’t mean that they’ll get. I know of several condos downtown that are apparently renting at market. But they’ve been sitting since November.
If I were to rent one of those condos, I’d ask for 3 months free w/ a 2-year rental agreement, with the free months spaced-out every 6-months, contingent upon on-time rental payments.
BTW, I helped a friend submit a rental offer. The agent played hard to get. Now the place is still sitting w/ an NOD. That’s the reality that owners are facing now. And It’ll only get worse.
In housing, people who don’t have patience and good credit, or people who can’t negotiate will pay more. That’s a fact of life.
