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Strategies & Market Trends : MDA - Market Direction Analysis -- Ignore unavailable to you. Want to Upgrade?

To: pater tenebrarum who wrote (25808)9/14/1999 7:21:00 PM
From: Challo Jeregy  Read Replies (1) | Respond to of 99985
 
heinz,
rent in NYC might be misleading.

As far as I know, NYC and Chicago are the only large cities where high-priced apts are in demand.

Here in LA, new homes/condos are more in demand.

Doesn't mean rent is going up. Just not that much because people are buying houses.



To: pater tenebrarum who wrote (25808)9/14/1999 8:59:00 PM
From: Haim R. Branisteanu  Respond to of 99985
 
Heinz, rent in NYC are rising on a monthly basis so the 28% rise in rent is not some illusion. Apartments prices are up over 10% to 15% across the board.

Well in slums nobody buys apartments.

BWDIK
Haim


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