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The Blackstone Group L.P. Message Board

  • sam_0534 sam_0534 Jan 7, 2014 9:37 AM Flag

    Rents are increasing.. good for all the houses BX owns and is renting out

    U.S. NEWS
    U.S. Rents Rise Again as Market Tightens
    Landlords raised rents by an average of 0.8% to $1,083 a month in the quarter.

    By DAWN WOTAPKA CONNECT
    Jan. 6, 2014 11:31 p.m. ET
    Apartment landlords continued to push through higher rents in many cities in the fourth quarter, offering little relief for renters who have seen increases over the past few years.

    Nationwide, landlords raised rents by an average of 0.8% to $1,083 a month in the quarter, according to a report to be released Tuesday by Reis Inc., a real-estate research firm. While that is below the previous quarter's 1% increase, it is above the 0.6%...

 
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