5 • 831 Ratings
🗓️ 2 January 2023
⏱️ 13 minutes
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0:00.0 | Hello, |
0:07.0 | Hello, |
0:08.0 | Jake and Gino here, and today Hello, |
0:23.8 | All right, Jake and Gino here. |
0:24.7 | And today we're discussing the three pillars of vacancy. |
0:28.7 | Why? |
0:29.5 | Because it's very relevant right now. |
0:31.3 | The past two years have been some of the easiest times to lease an apartment in the history of leasing apartments. |
0:40.3 | Period. |
0:41.3 | Now, interest rates are up. |
0:43.3 | What does that mean? |
0:44.5 | Economy is softening. |
0:47.4 | There's probably not as much to, let's say, no irrational exuberance going on right now. |
0:55.8 | It was crazy. |
0:56.8 | People were throwing money at us. |
0:58.0 | Hey, can we just rent an apartment from you? |
0:59.3 | We'll take whatever you have. |
1:00.8 | That has changed. |
1:02.3 | Okay. |
1:03.1 | Property managers have had a rude awakening and now need to get back to selling and providing value four and two prospective residents. |
1:12.7 | So gone are the days of sight and seen and I'll take whatever you have available. |
1:17.4 | Now, today, guess what? |
... |
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