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This shortage approaches 5,400 units with rents below $760.
Only Scotland recorded a fall, with rents down by 0.2%.
Profits are meagre because revenues have not kept pace with rents.
That leaves everyone else to compete for the half with rents determined by the market.
Prices have been held back by a weak real estate market, with rents continuing to decline.
But the market is also overvalued when house prices are compared with rents.
You can get good return with rents in St . Petersburg" he continued.
With rents rising landlords are getting keener on property as an investment.
With rents sky high and entry-level salaries low, togetherness makes economic sense.
The other considers the case for investing in housing by comparing prices with rents.
With rents and condominium prices skyrocketing in 2006, MetLife put developments on the auction block.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com