The vacancy rate for the country’s most expensive apartments is more than double the rate for lower-priced pads, as builders have flooded the high-end of the market while supply remains tight for more modest product. The most expensive 10% of U.S. rentals had a vacancy rate of more than 13 percent during the first quarter of the year, according to a CoStar Group study cited by Bloomberg News. For the rest, the rate was around […]
source https://therealdeal.com/2018/06/08/the-priciest-rental-apartments-are-also-the-loneliest/
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