Property managers would do well to avoid the pitfalls of the “occupancy fallacy,” or the notion that current high occupancy rates will alleviate long-term vacancy issues, RentPath says, because “renter migration is the sleeping giant.”
Source: Inman News
Landlords, don’t be fooled by high occupancy rates: RentPath
Published in federal reserve, landlords, leads, Marketing, migration, National Apartment Association, National Multifamily Housing Council, property managers, Property Portfolio, realpage, Redfin, remote work, rent, Rentals, renters and rentpath
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