Landlords manipulate rental market, prop up fake high rates with freebies

This post has been read 1106 times!

BPC from Pier 25February 11, 2016- A local source reports, “Last month’s rental market in Manhattan was one of the “softest” Januarys in recent memory, many brokers said.

As more inventory flooded the market, especially at the high end, brokers saw landlords offering more concessions than usual. In addition, they observed more price dips and more vacancies than had been seen in previous winters.”

This entry was posted in - 1 The Good News and Greer Report, Real estate, Wall Street. Bookmark the permalink.

Leave a Reply

Your email address will not be published. Required fields are marked *