Renters in Chicago should expect an increase in their cost of rent in 2011. With more homeowners turning towards renting there is a shortage of rental housing to meet demand. According to a recent report in Crains Chicago Business rent hikes may be as much as 8% to 10%. Read more here.
Paul Vranas
Vranas Properties
Trusted Agents. Professional Service.
I guess it makes sense in a way that with the financial crises that's presently affecting the majority of the population, renting seems like the most feasible option for them.
Posted by: Ria Wise | December 02, 2010 at 07:19 PM
So far, I managed to go though only some of posts you discuss here, but I find them very interesting and informative. Just want say thank you for the information you have shared.
Mitch
Posted by: condo Philippines | December 14, 2010 at 01:54 AM
I also agree with Condo, very interesting and informative information here. You should blog more often.
Posted by: Danny Welsh | July 15, 2011 at 07:33 PM
Renting an apartment is the best escape for a person affected by this great economic crisis.
Posted by: Mayfield Park Residences for Rent | September 08, 2011 at 04:48 AM