Saturday
Jul312010
What are the Most Tenant Friendly Cities in the U.S.?
Saturday, July 31, 2010 at 12:26PM SoftwareAdvice.com and their Rental Property Software partners recently evaluated the 50 most populous cities in the United States to rank them according to "tenant friendliness."
They used the following criteria and awarded each city a point based on the desirable result from a tenant perspective.
- Cost per square foot for a 2 bedroom apartment
- Change in rent price from 2009 to 2010
- Residential vacancy rate
- Rental cost as a percentage of median income
- Tenant councils
- Tenant-friendly foreclosure laws
- Rent control laws
It was interesting to see the results. You can see The Top 10 Cities For Renters in 2010 or view a list of all 50 Cities.
Let's Talk. What do you think of the criteria above? What additional criteria would you suggest? What does this mean for landlords? Is a tenant-friendly city predisposed to be unfriendly to landlords?
Dee |
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