Rental Markets Brace for Soaring Prices in 2022
Pro Builder
JANUARY 26, 2022
The cost of leasing an apartment will rise nearly everywhere across the U.S., Though the multifamily rental industry struggled at the start of the COVID-19 pandemic in early 2020 as rising unemployment left many residents unable to afford rent, the market made a strong recovery in 2021 with a total of 673,000 units rented for the year.
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