What kind of rates, and revenue, are you looking to get? A. I think it's premature to predict rents, expenses and net operating income.
During the same period the rental market enjoyed a strong month with 44% of agents questioned predicting rent prices to rise over the summer.
International real estate consultants Cluttons are predicting rent hikes of nearly 20percentt in the next five years – with a 25percentt increase in renters forecasted for the same period.
If the number of rental units is curtailed, he predicted, rents will go up, and sale prices will follow.
Forty-nine of the predicted renter-heavy constituencies would be in London – northern cities are already more likely to be renter dominated.
In London, it said growth would be more modest in 2017, predicting rents could flatline or rise by up to 1% over the year.
Looking ahead, 33% more surveyors were predicting further rent rises than those who thought rents would fall, with expectations that the cost of being a tenant would increase highest in London, followed by the Midlands, the south-east and the north.
The play is a backstage comedy by the Stewart F. Lane, the self-styled showman whose personal Web site refers to him as Mr. Broadway, and Ward Morehouse III, the former New York Post theater columnist who once predicted that "Rent" would be a big flop because it was playing in a theater south of 42nd Street (the Nederlander, at 208 West 41st Street).
"When people can't predict what their rent is going to be, it shakes them up," said City Councilman Daniel R. Garodnick, who pays market rate in Peter Cooper Village.
"Back then I couldn't predict what the rent on my apartment would be that month," says Alvaro Novis, finance director of Odebrecht, a construction and chemicals firm.
