The Rental Market is at a Crossroads: More Apartments, Longer Vacancies, Thinner Margins
Summary
The rental market is experiencing an increase in housing supply, leading to longer vacancies and potentially thinner margins for landlords. Hosts should carefully monitor market trends and adjust their pricing strategies to remain competitive.
Key Insights
- •An increase in housing supply over the last few years has left landlords searching for tenants longer.
Action Items
- ✓Monitor market trends and adjust pricing strategies.Effort: lowImpact: medium
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