The Market For Flexible Rentals Sees Unprecedented Surge


The Market For Flexible Rentals Sees Unprecedented Surge


As uncertainty rules in real estate, one segment that has been seeing growth is the market for short-term rentals.

Landlords in New York City and across the country are offering more flexible rental options in response to demand from renters facing unclear economic futures. 

The number of listings for short-term or month-to-month leases jumped 70% and the share of furnished rentals rose by more than 40% over last year, according to data from New York City listing site StreetEasy.
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RSK: I have not heard this going on here but it just may come to that for some properties.

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- - Volume: 8 - WEEK: 23 Date: 6/2/2020 1:08:07 PM -