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According to several brokers, the number of houses that have been rented is half what it was a year ago.
The lease on the cottage they've rented is running out, the family is moving in any minute, they'll need water, power and heat.
Mr. Kentel compared Turkey's beginnings to a tenant who realizes that the house he has just rented is not new, but instead "has all kinds of rubbish and dirt underneath".
The only one I can visit (the units are 99percentt rented) is described by Daria Salusbury, a senior vice president of the Related Management Company, as a "petite one-bedroom".
The villa we have rented is a comfy two-bedroom with a sunny terrace and the children adore the chintzy, blue-and-white furnishings and wooden knick-knacks left by its Italian owner.
"For the average American, inflation means the home price is increasing and the value of debt is going down," said Peter Bofinger, a prominent economist on Mrs. Merkel's independent council of economic advisers, "whereas the German invested in life insurance and sitting in an apartment he rented is much more vulnerable to inflation".
Similar(48)
"Renting is just temporary".
Rent is cheap.
Rent is expensive.
Their rent is $279.
"My rent is cheap.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com