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The Impact of Inflation on Property Managers

Authority Property Management

Rental rates go up when there are fewer available rental units. Good examples are California and Boston, Between 2017 and 2021, homeowners in California saw an average of 5.6% Let’s assume a prospective homeowner acquired a single-family rental unit for $300,000.00 nationally. inflation rates.

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Rent-Setting Software Pushed Up Rents in Several Metros

Rental Housing Journal

Its main pricing software is AI Revenue Management (AIRM, formerly YieldStar), but RealPage also owns Lease Rent Options (LRO), which it acquired from its main competitor in 2017. The two software products are used in at least 10% of all rental units nationally.

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