The average rent for a Manhattan apartment in October was $3,341, that's 7% higher than October, 2010, reports the NY Daily News.
Rents are just $53 off their all-time high of $3,394 reached pre-crisis in May 2007. The vacancy rate in October was 1.18%, below October 2010’s rate of 1.24%.
You are fighting the windmills of mainstream economists. And you are winning.
ReplyDeleteWhere's that guy from "The Rent is Too Damned High" party?
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