• regul [any]
    ·
    2 years ago

    What's an acceptable vacancy rate for you, considering people need to move occasionally? Anything under 5% is generally considered a "very hot" rental market and will likely see price increases.

    • tagen
      ·
      edit-2
      1 year ago

      deleted by creator

      • regul [any]
        ·
        2 years ago

        No, but people move from out of town, and even for people moving within a city, they don't move into currently-occupied apartments.

        There need to be some number of apartments open at any given time so that people who need to move can do so. 100% occupancy would mean that every move would have to be a swap, or that no one new could move to town.