-01-

Changes in rental supply and demand

Because of the domestic epidemic situation and the shortage of flights, many students did not consider returning to China this summer. Most people choose to renew their lease. After all, no matter how the rental price goes up, it is still more expensive than re-renting.

Many out-of-state and domestic students have returned to New York one after another, and the 2022 Fall freshmen have also started looking for a house. Demand has increased significantly compared to last year, leaving New York's rental market in short supply.

There are very few new buildings this year, which is also the main reason for the difficulty in renting. According to the latest data, New York apartment rents have risen by an average of about 30%, while inventory is down about 90% compared to last year.

-02-

Listings down 

In the past two months, the building has often been opened for less than an hour, and it has been taken off the shelves at the speed of light because it was signed. Anyone who sees this speed can only say that they are shocked.

However, due to the time difference, students cannot see the real-time updates of the agents, resulting in some people getting some "expired" floor plans.

In this case, the best way is to take the desired floor plan and ask the agents if they have similar properties.

-03-

Fewer brokerage-free listings

Changes in the supply and demand of rental housing, there have been many phenomena that it is difficult to find a room, and the rental model in New York is more and more inclined to domestic. There are fewer and fewer houses free of intermediary fees, so you must start as soon as possible when you see suitable houses without intermediaries in this rental season.

-04-

not pua

So not PUA, this year's listings are really tight. The building itself said Not Kidding, we are really out of stock.

But students don't have to worry, Meiwo's complete online rental process and rich video library can help you rent your desired property at the first time. Welcome to scan the code to learn more.