Outlook brightens for apartment landlords amid rising rents

THINGS ARE looking up for owners of big apartment communities more than a year after the pandemic knocked the economy into a recession and left millions of Americans unemployed. Rents are rising amid strong demand as U.S. home prices push ever higher. / AP FILE PHPTP/NAM Y. HUH
LOS ANGELES (AP) – Things are starting to look up for owners of big apartment communities more than a year after the pandemic knocked the economy into a recession and left millions of Americans unemployed and struggling to pay rent. Rents are rising, buoyed by strong demand as U.S. home prices push to new highs,…

Register to keep reading or subscribe today and receive unlimited access.
Register Now Already a Subscriber? Login now

Purchase NowWant to share this story? Click Here to purchase a link that allows anyone to read it on any device whether or not they are a subscriber.

No posts to display