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Nathan Gesner's profile image
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Nathan Gesner
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Nathan Gesner's profile image
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Nathan Gesner
  • #2 All Forums Contributor
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  • from Cody, WY
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Nathan Gesner
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General Landlording & Rental Properties

Will rents go down and vacancies go up?

Nathan Gesner
  • Real Estate Broker
  • Cody, WY
ModeratorPosted

Australia is seeing major vacancies and drops in rent rates. Are we next?

The Guardian: Karma time for tenants as apartments lie vacant and rents plummet.

https://www.theguardian.com/money/2020/sep/05/karma-time-for-tenants-as-apartments-lie-vacant-and-rents-plummet

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Account Closed
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Originally posted by @Nathan Gesner:

Australia is seeing major vacancies and drops in rent rates. Are we next?

The Guardian: Karma time for tenants as apartments lie vacant and rents plummet.

https://www.theguardian.com/money/2020/sep/05/karma-time-for-tenants-as-apartments-lie-vacant-and-rents-plummet

Well, the reports are that's already happening in New York, San Francisco and Seattle. Might just be the violence and riots tho'.

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