Are Multifamily Rents Reaching Their Peak?

Are Multifamily Rents Reaching Their Peak?

The next time your property management software recommends raising the rent on multifamily lease renewals, you might want to think twice.

“Landlords may be reaching the limits of what they can charge for marginal rent increases,” says Victor Calanog, vice president of research and economics for Reis.

Your computer system may automatically push rents higher when your apartments fill up. But residents will have to find that extra money somew

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