Rental properties in the meant metro areas have managed to say in a fixed location in terms of movement as reported by the many real estate companies and city’s the nation over. Development is also a bit slow, but as many city authorities report, some are faring better than others and they are battening down the hatches and hoping for the best. It seems the lucrative rental market has been managing to survive, barely, but still they are there to serve when needed. Rental rates however are a totally different matter, some have higher than regular rates while most have been forced to push them to ever lower levels just to get them occupied in spite of the rising maintenance costs. (more…)