4 ms·
Now that I think about it, you are right about there being more concessions. You are seeing a lot of "2-3 months free" listings now.
by cpascal 6y ago
Now that I think about it, you are right about there being more concessions. You are seeing a lot of "2-3 months free" listings now.
- sethhochberg 6y agoEven before the pandemic it felt like 50% of places on Streeteasy had been listed with net effective rents in recent years... the current situation is probably just accelerating a trend that was already well underway. Doesn't mean I'm not kicking myself for signing a 2-year lease on a place last fall, though. I love my apartment, I've been here 2 years already, and its a fair price, but I'm basically 8 months into a 24 month lease and could probably save almost 10k over the next 16 months if I had the option of breaking the lease and moving.