The Business Pursuit

kiplinger:


Note to self: Do not move to Houston.
thedailyfeed:

Wow, we hope you’re not looking for an apartment. Rent is going through the roof as the apartment vacancy rate hits a 10-year low.

The national apartment vacancy rate fell to 4.9 percent in the first quarter, the lowest level since 2001, according to a preliminary report released by Reis Inc. this week. This is only the third time in more than three decades that the national vacancy rate has dropped below 5 percent, said the report.
With availability so scarce that landlords have little incentive to offer concessions, the national average asking rent, which had been steadily increasing since 2010, jumped an additional 0.5 percent from the prior quarter to $1,070 per month.

kiplinger:

Note to self: Do not move to Houston.

thedailyfeed:

Wow, we hope you’re not looking for an apartment. Rent is going through the roof as the apartment vacancy rate hits a 10-year low.

The national apartment vacancy rate fell to 4.9 percent in the first quarter, the lowest level since 2001, according to a preliminary report released by Reis Inc. this week. This is only the third time in more than three decades that the national vacancy rate has dropped below 5 percent, said the report.

With availability so scarce that landlords have little incentive to offer concessions, the national average asking rent, which had been steadily increasing since 2010, jumped an additional 0.5 percent from the prior quarter to $1,070 per month.

  1. thebusinesspursuit reblogged this from kiplinger
  2. edwardeclectic reblogged this from untitled-mag and added:
    Apartment vacancy rate drops to a decade low.
  3. apostrophiee reblogged this from thedailyfeed and added:
    $3,250 a month for a two bedroom in NYC. Hoooooly shit.
  4. untitled-mag reblogged this from thedailyfeed
  5. turning-points reblogged this from lemonlaid
  6. kukuforkokopuffs reblogged this from thedailyfeed and added:
    Nooo :-:
  7. adoseofizza reblogged this from thedailyfeed
  8. lemonlaid reblogged this from thedailyfeed and added:
    Wow, we hope you’re not looking for an apartment. Rent is going through the roof as the apartment vacancy rate hits a...
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  12. kiplinger reblogged this from thedailyfeed and added:
    Note to self: Do not move to Houston.
  13. gracefree reblogged this from thedailyfeed
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