Rents are falling in some hotspot cities due to a 'timing mistake' by homebuilders
By
Martina Nacach Cowan Ros
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Developers built for a boom that faded. Now rents are falling in some US cities.
Real estate consultant Aziz Sunderji explains why Austin saw an 8% drop in rents since mid-2023, while New York's rents still rise.
707 words~3 min read
