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News@lemmy.world · 1 year ago

Apartment rents are on the verge of declining due to massive new supply

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Apartment rents are on the verge of declining due to massive new supply

return2ozma@lemmy.world to

News@lemmy.world · 1 year ago

A year ago, rents were posting 11% annual growth. Now they look like they're about to go negative year over year.

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spader312@lemmy.world
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1 year ago
Basically you just have to move to get a lower rate. Like a job they won’t do anything in your benefit you have to move jobs to get an increase (or decrease in the case if apartments)

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