In a region near me the rental market is 99.3% full.
I hear that from every landlord in every market, whether the economy is booming or shrinking and people are coming or going.
I have never been quoted an occupancy rate less than 90%. I’ve been in buildings under construction and heard “Yes, we’ve already leased most of our units! You’re getting the last ones! So lucky!”
I hear that from every landlord in every market, whether the economy is booming or shrinking and people are coming or going.
I have never been quoted an occupancy rate less than 90%. I’ve been in buildings under construction and heard “Yes, we’ve already leased most of our units! You’re getting the last ones! So lucky!”