Luxury Rental Prices coming down?
Started by rumsfeld
almost 14 years ago
Posts: 2
Member since: Feb 2010
Discussion about
I don't know if this is an aberration, but I'm seeing inventory growing and prices starting to come off in the luxury rental space(e.g. one-bedrooms for $3,500 ). Is this a seasonal thing, are the layoffs in the financial sector beginning to show, or is there some other catalyst? In any case, if this is a trend, what realistic drop can be expected, on a percentage basis? Thanks...
1-bedroom apartments for $3,500-$5,000, that is...
Any suggestions would be helpful, thanks.