Wednesday, September 14, 2011
EQR Rent and Occupancy Levels
One more chart from EQR showing rent and occupancy levels. High occupancy levels give EQR pricing power. From the chart, rents have risen about 16% over the last 20 months (funny how this hasn't shown up in CPI). Turnover in units has gone from 60% per year during the housing boom to 40% per year as fewer people decide to move.
No comments:
Post a Comment
For compliance reasons, I don't post comments to the site, but I do like hearing from readers and am happy to answer any questions. Feel free to use the comment box to get in touch. Please leave an email address in your comment so that I can write back, or email me directly at Skrisiloff@avondaleam.com.