I have been saying for a while that I would not want to be an apartment owner right now, also that there are a lot of empty apartments out there,
Who would rent an apartment when you can rent a house for about the same amount, Plus I think manly due to seasonal stuff some natural slowness to all real-estate this time of year anyway but for apartment owners it is probably brutal right now.
JMO
My lease was up last November and I found most UTC apts complex had concessions and deals. I rented a better unit than the one I had been renting with 2 months free rent for a 12 month lease. This effectively puts my rent back to 2004 price. The office manager told me that they were requesting the complex owners to move away from concessions and just lower the base rent. The unit that I Vacated has not been rented yet.
My lease was up last November and I found most UTC apts complex had concessions and deals. I rented a better unit than the one I had been renting with 2 months free rent for a 12 month lease. This effectively puts my rent back to 2004 price. The office manager told me that they were requesting the complex owners to move away from concessions and just lower the base rent. The unit that I Vacated has not been rented yet.
My lease was up last November and I found most UTC apts complex had concessions and deals. I rented a better unit than the one I had been renting with 2 months free rent for a 12 month lease. This effectively puts my rent back to 2004 price. The office manager told me that they were requesting the complex owners to move away from concessions and just lower the base rent. The unit that I Vacated has not been rented yet.
My lease was up last November and I found most UTC apts complex had concessions and deals. I rented a better unit than the one I had been renting with 2 months free rent for a 12 month lease. This effectively puts my rent back to 2004 price. The office manager told me that they were requesting the complex owners to move away from concessions and just lower the base rent. The unit that I Vacated has not been rented yet.
My lease was up last November and I found most UTC apts complex had concessions and deals. I rented a better unit than the one I had been renting with 2 months free rent for a 12 month lease. This effectively puts my rent back to 2004 price. The office manager told me that they were requesting the complex owners to move away from concessions and just lower the base rent. The unit that I Vacated has not been rented yet.
I would add that the number of empty apartments misaligns the housing numbers the Gov releases most of the time because most of the time they do not distinguish between apartments and Single Family homes when they report things like vacancy rates and cost of rents etc…
I would add that the number of empty apartments misaligns the housing numbers the Gov releases most of the time because most of the time they do not distinguish between apartments and Single Family homes when they report things like vacancy rates and cost of rents etc…
I would add that the number of empty apartments misaligns the housing numbers the Gov releases most of the time because most of the time they do not distinguish between apartments and Single Family homes when they report things like vacancy rates and cost of rents etc…
I would add that the number of empty apartments misaligns the housing numbers the Gov releases most of the time because most of the time they do not distinguish between apartments and Single Family homes when they report things like vacancy rates and cost of rents etc…
I would add that the number of empty apartments misaligns the housing numbers the Gov releases most of the time because most of the time they do not distinguish between apartments and Single Family homes when they report things like vacancy rates and cost of rents etc…
