Sunday, June 3, 2018
So now what? Well, the only way to make these new Apartments successful is to fill them. That might mean lowering the rent for projects that have begun construction. This might not mean lowering the amount of the rent check tenants have to write each month but it include free parking, free dry cleaning at a nearby location, free gym membership, or free utilities. These expenses all add up so having them taken care of by your landlord will make the high rents worth it. I don't think the actual rents will go down by much if at all since doing so would make investors think twice before pumping anymore into the Baltimore Market.
reverse and growth would occur as would the job market for Residents in those areas. Crime would go down, the tax base would go up, as would overall investments infrastructure and School Construction.