How to play the market
Started by MIA
almost 17 years ago
Posts: 3
Member since: Feb 2009
Discussion about
My lease is expiring at the end of the month in a rental building on the upper west side. I am looking for a big one bedroom now with a nice living room space. Ideally I would like to stay in my building for another couple of months because the rents are dropping now every day and still havent found a space which I like. Any suggestions on how to play the market and management. They already responded about 14 percent but increased it close to 20 percent 2 years back. I believe that rents and sales will drop about 25% withing the next 6 months.