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Manhattan Apartment Rents Jump 9.5%

Started by ss400k
over 14 years ago
Posts: 405
Member since: Nov 2008
Discussion about
http://www.bloomberg.com/news/2012-01-12/manhattan-apartment-rents-jump-9-5-as-would-be-buyers-hold-off-purchases.html Apartments were rented within 37 days on average in the fourth quarter, the second-fastest pace in 17 years of Miller Samuel data. The median effective rent, or what tenants pay after landlord-sponsored incentives, rose to $3,121 a month from $2,849 a year earlier, according to a report today by appraiser Miller Samuel Inc..
Response by w67thstreet
over 14 years ago
Posts: 9003
Member since: Dec 2008

Ha! Lawrence YUn said home sales were awesome for 5 yrs bf admitting to being math challenged.

Flmaozz. Rent now or be forced into buying at peak forever!

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