Getting Started
Renters Should Be Sprinters
AT first blush, it doesn’t make much sense: If you know you’ll need an apartment in New York in several months, why can’t you start a serious search now, rather than wait until your move-in date is just a few weeks away?
The short window of opportunity for an apartment hunt is a fact of life in the city. In large part, it’s a function of limited supply and high demand — landlords believe that the greater the number who see an apartment, the more rent it can command. And renters may not want to commit ahead of time, fearful of missing out on something better or cheaper.
Read the full Story here: http://www.nytimes.com/2011/11/27/realestate/getting-started-why-renting-is-such-a-mad-dash.html?_r=1&ref=realestate
No comments:
Post a Comment