New apartment buildings and condo owner who are renting their units, has pushed the supply of Manhattan apartments to record highs. As a result landlords are chasing tenants, not something you typically think of in the NY market.
Bloomberg News suggests prices may fall before winter….
Paris dramatically increased the amount of fines imposed on short term rental units in the first half of 2017.
http://www.france24.com/en/20170811-paris-cracks-down-airbnb-illegal-renters-fines-soar-france
“With Monday’s announcement of a new, luxury apartment building at Atherton Mill, Charlotte-based Crescent Communities brought the number of new apartments it’s building in Charlotte to almost 1,900.”
http://www.charlotteobserver.com/news/business/biz-columns-blogs/development/article163579473.html
This article discusses some of the pros and cons of owning your own vacation rental properties.
Cleveland and Cincinnati top the list of best returns on rental properties….
More people are moving to Dallas than ever before, including young professionals and empty nesters. Dallas is becoming even more attractive with the investment in Trinity Park, said to be 11 times bigger than Central Park in New York.