Jctexan t1_j9heexq wrote
Reply to comment by Nuplex in Just got our lease renewal numbers. For a 12 month lease renewal, our rent will increase over 10%. I don't see how this is sustainable long term. by chazthetic
This is my understanding based, too, especially regarding high-rise buildings. It can drive the overall values of an area up, while simultaneously helping to keep surrounding rents low by adding more supply. So there’s some give and take.
This is an interesting watch:
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