here’s why it’s so hard to find an affordable apartment to rent

 0    6 kartičky    guest3262819
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slog
Finding a new apartment to rent can be a slog
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(noun) a period of hard work or effort
the rental vacancy rate
In New York city, the rental vacancy rate, which is the share of habitable unoccupied units, has dropped to a record low 1.4%
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(noun) the share of habitable unoccupied units
landlord
Lower vacancy rates favor landlords and often lead to higher rents.
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(noun) owner of the house for rent
dense
The main way to lower rents is to expand the housing supply, which is hard to do in dense urban areas.
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(adj) thick, heavy or condensed
prohibitive
Those expenses can be cost prohibitive, locking renters into their current homes and reducing the number of new rentals coming to market.
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(adj) exorbitant, so high cost or price
in tandem with
Broker’s fees can swing higher - in tandem with the price of rent - when there is more competition among renters.
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idiom - they work together or happen at the same time
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