5min chapter

Odd Lots cover image

The "Big Shift" That's Finally Causing Rents to Fall

Odd Lots

CHAPTER

What's the Decision Process for Landlords?

Tracy: I should say a lot of the inventory that we have on a apartment list in particular, and that feeds into our rent index, it does tend to skew towards a particular segment of the market. So thinking here of, you know, big apartment buildings that have 50 or more units. And so those professionally managed buildings tend to be pretty sophisticated in how they set prices. Tracy: You've got mom and pop landlords, folks who maybe only own a couple of rental units. They probably want to avoid vacancies and have intent that will be there for a long time. If you're a big property owner that has hundreds of units and you lose, one good tenant and have a vacancy

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