Apartment Demand Hits Five-Year High

  • 📰 WSJ
  • ⏱ Reading Time:
  • 10 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 7%
  • Publisher: 63%

United States Headlines News

United States Latest News,United States Headlines

Although apartment construction is near the highest it has been in 30 years, much of that new supply is targeting higher-income earners

The number of new apartment move-ins in the second quarter of 2019 increased 11% over the same period last year, according to a national report scheduled to be released Monday

by real-estate analytics firm RealPage. The demand surge drove the national occupancy rate to 95.8%, compared with 95.4% at the end of the second quarter of 2018, the report said.

 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

This is why so many smart investors prefer class C+ and B properties that sell below replacement cost.

Yes, it is supposed that those who buy will sell their old properties at a lower price than the new ones.

Called ‘free market’

Of course.. and this HUD doesn’t give a crap.

umm that is where the money is

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 98. in US

United States Latest News, United States Headlines

Similar News:You can also read news stories similar to this one that we have collected from other news sources.

Writers Guild Sends Antitrust Cease and Desist Demand to Talent Agent AssociationThe battle now shifts to federal court, as each side accuses the other of violating complex competition statutes. I gotta buy more popcorn...
Source: THR - 🏆 411. / 53 Read more »

Tens of thousands protest to demand civilian rule in SudanTens of thousands of people took to the streets in Khartoum on Sunday demanding ... القصر_حتى_النصر Saudis would not let people rule .. that's why they gave billions to military to put down unrest.. StandWithSudan مليونيه30يونيو القصر_حتى_النصر
Source: Reuters - 🏆 2. / 97 Read more »

Mexico 'anti-monuments' recall dark moments, demand justiceAlong Mexico City's stately Reforma boulevard, a collection of impromptu, semi-permanent 'anti-monuments' has sprung up to remind passers-by, and public officials, of painful incidents of violence, repression, ineptitude and, most of all, impunity Comrade Trump 2020 2009, who was president then? They were liberals, liberals get free passes
Source: ABC - 🏆 471. / 51 Read more »

Tens of thousands demand civilian rule in Sudan, soldiers fire in airThousands of protesters marched toward Sudan's defense ministry on Sunday d... Such a peaceful race... I wished to be able to say that this two countries dose have a well future...
Source: Reuters - 🏆 2. / 97 Read more »

Faces for cookware: data collection industry flourishes as China pursues AI ambitionsThe residents of this village in China's Henan province are helping feed the demand for data to train AI algorithms: So scary 😞 Selling your identity for a kettle. Hmmm I don't know about that....
Source: Reuters - 🏆 2. / 97 Read more »

Tesla’s Big Quarter Won’t Be Cause for CelebrationThe next catalyst for the electric-car pioneer will be its second-quarter vehicle-deliveries report this week. Even a strong number won’t put concerns about demand for its cars to rest though. Hey .Tesla have a youth initiative program that allows post secondary graduates the ability to make their first big car purchase be a Tesla. The younger generations are priced out currently, but care way more about the environment than the people who can currently afford
Source: WSJ - 🏆 98. / 63 Read more »