Is renting an apartment going to be cheap now that theres this slump in the market?

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Is renting an apartment going to be cheap now that theres this slump in the market?

2007-11-29 10:02:35 · 2 answers · asked by A-nevergot_V 2 in Business & Finance ➔ Renting & Real Estate

2 answers

It is not likely, there are more people renting now then 2 years ago.

2007-11-29 10:16:06 · answer #1 · answered by Elsa D 6 · 0⤊ 0⤋

Of course not. As folks lose their homes to foreclosures, they go GUESS WHERE ? To a rental, of course. The current real estate situation is doing well for landlords. Vacancy rates are down.

2007-11-29 18:58:26 · answer #2 · answered by acermill 7 · 0⤊ 0⤋