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Comment by HDThoreaun

2 years ago

1% vacancy rate is unequivocally bad. It means the rental market is far too tight and proper repairs are not being done.

> It means the rental market is far too tight and proper repairs are not being done. Why wouldn't they be done? What repairs are we talking about?

  • There literally isn't time for it. 1% vacancy leaves less than 4 days to turn a unit over when someone leaves. That's not enough time to repair units.