The rental market’s downward slide: 5 straight months of falling rents

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September marked the fifth consecutive month of year-over-year rent declines, according to a Realtor.com report, with Austin, Texas taking the lead.

Progressives created NYC’s housing crisis and it’ll only grow worse until we let builders and owners turn a fair profitrecent Realtor.com® report

Renters are still paying more than pre-pandemic times, however. September 2023 rents were $338 — a whopping 24% — higher than September 2019.

 

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