Rental market swings back in favor of landlords
NEW YORK — Apartment bargains peppered virtually every block during the throes of the recession, even in typically high-demand cities like New York and San Francisco. Not anymore.
More renters, feeling better about the economy and their jobs, are moving out of mom’s basement or ditching a roommate. Across the country, apartments are filling up and landlords are boosting rents.
The only discounts left are concentrated in cities still reeling from the housing collapse or high unemployment, or in areas with too many new developments…..read more