I'm having trouble astuteness this sentence:
"Current leasing activity predicts that most of this stock will be in the order of 60% pre-committed, which will assist in maintain low vacancy rates and place continued pressure upon rents and incentives".
Could somebody please explain to me?? Help!
Answers: Sounds close to a "waiting list" for rental units or space.
Many renters that want to buy are not competent to qualify for financing due to more stringent lending guidelines. Also, oodles homes are being foreclosed and those home owners necessitate housing. Rent are up and vacancy rates are down. Supply and emergency.
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"Current leasing activity predicts that most of this stock will be in the order of 60% pre-committed, which will assist in maintain low vacancy rates and place continued pressure upon rents and incentives".
Could somebody please explain to me?? Help!
Answers: Sounds close to a "waiting list" for rental units or space.
Many renters that want to buy are not competent to qualify for financing due to more stringent lending guidelines. Also, oodles homes are being foreclosed and those home owners necessitate housing. Rent are up and vacancy rates are down. Supply and emergency.
Resolved Questions: