Yep with the exodus, you’ll have a glut of apartments without tenants. You don’t raise your prices in that situation, you lower them because a lower amount of rent is better than nothing. I’m friends with an apartment manager; yes we talk shop, this is what actually happens.
Yeah, that’s not how that works at all.
Yep with the exodus, you’ll have a glut of apartments without tenants. You don’t raise your prices in that situation, you lower them because a lower amount of rent is better than nothing. I’m friends with an apartment manager; yes we talk shop, this is what actually happens.