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Interesting Vacancy Facts from Structure Finance News | International Residential Real Estate Investors Association
Monday September 25th 2017

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Interesting Vacancy Facts from Structure Finance News

“A Census Bureau report shows the vacancy rate on buildings with ten or more apartments is 13.5% as of Sept. 30. For apartments built since the start of 2000, the vacancy rate is 23.2%, “reflecting in part the slow rental rate of newly built dwellings.” – Structured Finance News

This statement would appear to indicate older properties are faring better than newer ones by a wide margin.  I’d say the new emphasis on savings makes this challenge a larger one moving into the future.

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