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6 must-know industry trends for small property managers

Buildium

Between 2001 and 2022, for example, rents rose by 21%—while renters’ incomes rose by just 2%. For 77% of PMCs, vendor and contractor labor costs have gone up over the last year, exacerbated by the rising cost of materials and supplies. Like many small property managers, you probably want to grow your business. This comes as U.S.

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2024 Annual Rental Housing Report Key Takeaways

Rental Choice

Since 2001, median rents have almost continuously risen in inflation-adjusted terms. Harvard’s annual rental housing report reveals a lot about the condition of the market in the U.S. This year, it unveils the cooling of the rental market and several other trends. The rental market rapidly increased during 2021 and 2022. to just 0.4%.

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