Monday, October 12, 2015

Renters, get out your checkbooks, hikes are coming via CNBC.com

Property managers in the U.S. are raising rents - possibly by as much as 8 percent next year - as demand rises and vacancies fall, a new survey from property rental website Rent.com found.

"An overwhelming 88 percent of property managers raised their rent in the last 12 months, and there does not appear to be any signs of stopping," the survey of more than 500 U.S. property managers who used Rent.com found.

Read more...Rent.com survey of property managers finds rents rising in 2015, 2016

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