
IPFS News Link • Housing
Rents Are Plunging In These Major U.S. Cities
• Activist Post...not the least of which was getting the hell out of the city by any means necessary…
But, as CNBC/NBC now notes, the dynamics affecting rental prices have since shifted.
Multifamily rents in April dropped by 0.8% compared to the same month last year, according to Apartment List data. This decline was triggered by a significant influx of new units hitting the market, with additional developments expected.