Apartment retention rates are soaring back to lockdown-era highs, as more renters are determining that staying in place is often the best and most affordable option – given a remarkable lack of alternatives for all types of housing and for all price points.
The share of renters choosing to renew expiring leases in August 2021 surged 4 percentage points year-over-year, the largest increase on record.
Read more...Apartment Retention Rates Surge to Near Lockdown-Era Peaks via GlobeSt
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