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>Apartment rents fell in every major metropolitan area in the U.S. over the past six months through January For an article that doesn't mention New York, the l
by StanislavPetrov 4y ago
>Apartment rents fell in every major metropolitan area in the U.S. over the past six months through January
For an article that doesn't mention New York, the largest major metropolitan area in the US, a single time, this assertion rings very hollow. I can assure you that rents have not fallen in the New York metropolitan area - quite the contrary. Nor has then been a "crush" of new supply here in New York - or virtually any new supply at all, unless you consider a few ultra-luxury skyscrapers where you can get a place for the low price of $20 million dollars.