Landlords are Pushing Up Rents Again: As apartment demand continues to rise, landlords are projected to increase their 
rents for the fifth consecutive year. A rise in apartment construction isn’t likely to offer relief to tenants anytime soon either, USA Today reports. Between 2000 and 2012, apartment rents have risen 6 percent. 'That's what we call the affordability gap,' says John Kobs, Apartment List's chief executive. 'I don't see that improving in the near future. The vacancy rate for apartments has dropped from 8 percent to 4.1 percent from 2009 to 2013. Read more.
rents for the fifth consecutive year. A rise in apartment construction isn’t likely to offer relief to tenants anytime soon either, USA Today reports. Between 2000 and 2012, apartment rents have risen 6 percent. 'That's what we call the affordability gap,' says John Kobs, Apartment List's chief executive. 'I don't see that improving in the near future. The vacancy rate for apartments has dropped from 8 percent to 4.1 percent from 2009 to 2013. Read more.
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