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Falling rental markets confirmed in the US

Falling rental markets confirmed in the US

The rentals property markets have experienced a decline since March 2020, despite the seasonal peaks enjoyed in previous years in the United States. Notably, parts of California and Florida are hit hardest (around 2.2% decrease), where some tenants are offered incentives to stay amid the pandemic. Properties near local tourist sites have been most affected.

lukkka
lukkka
Just Print More Money
Just Print More Money 2 months

Is this due to economic hardship or Airbnbs being returned to rental housing? Or both?

lukkka
lukkka 2 months

https://www.cnn.com/2020/06/16/success/rents-are-dropping-us-cities-coronavirus/index.html

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