Renters May Find Deals on Luxury Apartments in 2023
By
Xander Snyder on December 8, 2022
During the pandemic, household formation soared and people sought more ideal remote working environments, which drove demand for housing, both owned and rented. In the apartment rental market, vacancy rates for all types of apartments declined in the second half of 2020 and through most of 2021, reflecting heightened demand.
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