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Updated almost 8 years ago on . Most recent reply
NYC rentals market (low number of available listings)
Thanks in advance for any answers. I went through a couple of pages of 'rental markets' search on the forum but didn't directly see this question answered.
I've been researching properties in the Queens side of Floral Park/Queens Village/etc -- I don't see many listings for rentals (20-40) on Zillow, Trulia, Redfin, Hotpads -- does the low number of listings on the sites mean the neighborhoods aren't good rentals like other parts of Queens (Elmhurst, Woodside, Corona, Flushing, etc) -- where you might see 200+?
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i agree with Eddie. less rental indicate less properties densities, less population, and less jobs. but it does not necessarily mean it's bad neighborhood or have higher cirme rates. some of the highest reported crime rate area are also the hottest real estate markets, simply because everyone is living there, hence more incidents. if you are looking for a area for rental property, number of rentals available in the market is the least of your worries. all properties will be rented with the right price. there are no bad rental or good rentals, everyone has different needs and criteria.