6 must-know industry trends for small property managers
Buildium
OCTOBER 28, 2024
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. In 2024, tenant quality emerged as the #1 concern for property management companies.
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