According to the real estate site Zumper, US apartment rental growth is slowing and is now declining.
San Francisco still leads in apartment rent, followed by New York City, San Jose and Washington DC.
The biggest loser (in terms of rent)? Chicago, the pension problem child, at -18.5% from prior high.
It seems more and more people are fleeing the “Windy City” of Chicago as they can’t get their fiscal act together.
Get a wonderful dinner at Tufano’s while you still can!