About 6 months ago we tried to rent out our place. Many weeks went by and not a single application. Barely anyone even turned up to the inspections.
I just assumed it was the much publicised oversupply of apartments.
Today we put up a rental ad for a very high price ($420 a week for a one bedder, no garage) and we get 3 applications, with two of them desperately wanting a confirmation asap because they really wanted it, and the third one being very keen also but knowing they would probably lose as they couldn't move in for a month.
The apartment wasn't renovated in this time. In fact I think it's in even worse condition due to the last tenants.
I asked the agent if I should be surprised and she said no, because demand picks up across the board over summer.
I'm really shocked what a difference in the time of the year makes.
I just assumed it was the much publicised oversupply of apartments.
Today we put up a rental ad for a very high price ($420 a week for a one bedder, no garage) and we get 3 applications, with two of them desperately wanting a confirmation asap because they really wanted it, and the third one being very keen also but knowing they would probably lose as they couldn't move in for a month.
The apartment wasn't renovated in this time. In fact I think it's in even worse condition due to the last tenants.
I asked the agent if I should be surprised and she said no, because demand picks up across the board over summer.
I'm really shocked what a difference in the time of the year makes.
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