Rents Are Plunging In These Major U.S. Cities
Zero Hedge -

Rents Are Plunging In These Major U.S. Cities As everybody knows, during the early phase of the pandemic, both single-family and multifamily rental prices surged, fueled by the shift to remote work and changing migration trends - not the least of which was getting the hell out of the city by any means necessary But, as CNBC/NBC now notes, the dynamics affecting rental prices have since shifted. Multifamily rents in April dropped by 0.8% compared to the same month last year,...

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