Landlords Boosted Rents Last Year, but Tenants May Soon Have the Edge

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THE WALL STREET JOURNAL (JANUARY 7, 2019) – Developers are slated to complete in 2019 the most new units in about three decades

Landlords are expected to have a tough time raising rents this year as a crush of new apartments hits the market, ending a brief reprieve when the market picked up late last year.

A strong jobs backdrop and sluggish home sales led to a pickup in rental growth during the third and fourth quarter. The stronger second half helped stabilize the rental market after a couple of years of slowing growth and generous concessions to tenants.

TO READ THE FULL STORY: THE WALL STREET JOURNAL.

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