Re: 485 is here

Posted by bodhipooh on 2018/6/6 7:11:24

jc_dweller wrote:
Good lord that price for a studio is bonkers. But hey, more power to them if they can get it.

Every time a new building starts leasing, someone will come in here and make (more or less) the same statement. And yet, here we are: buildings continue to get built, and filled up.

$2,300 / studio may sound bonkers to some, but lots of people are already paying that, or very similar, in other buildings. I have yet to see he market slowing down, and rents continue to rise. There are at least two very large new buildings going up in my vicinity, and I expect those rents to continue the same trend.

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