Developers fear a Philly apartment glut as tenants cash in discounted rents

August 2024

A graph showing the difference between apartments available and apartments rented in some key Philadelphia neighborhoods.

Interesting article about the disconnect between the number of apartments coming on the market in Philadelphia versus the tenants lined up to rent these units. Developers are offering incentives, especially in "competitive" neighborhoods.

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https://www.inquirer.com/real-estate/housing/philadelphia-apartment-rental-new-…

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Developers fear a Philly apartment glut as tenants cash in discounted rents

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