Mr. Shaman
Well-Known Member
- Joined
- Nov 27, 2007
- Messages
- 7,829
It's a RENTER'S MARKET!!!!!!!!!!!!!!!!
Oct. 6 (Bloomberg) -- U.S. apartment vacancies rose to 7.8 percent in the third quarter, the highest since 1986, as rising unemployment reduced rental demand, Reis Inc. said.
Actual rents paid by tenants, known as effective rents, declined 2.7 percent from a year earlier, the New York-based property research firm said in a report today. Asking rents, or what landlords $ought, fell 1.8 percent from a year earlier."
Now.....move-out, and let your parents (finally) get-on with their Life....