What Will Happen With Apartment Rents in 2013? [Video]

[Robert Adams]

I found this video on LinkedIn discussing rental rates for 2012 and 2013:
http://www.propertymanagementinsider.com/what-will-happen-with-apartment-rents-in-2013.html

My market is Las Vegas. Link states: "Las Vegas was the country’s sole large market that completely missed out on rent growth in 2012, as prices were cut 1.7 percent."

This is due to the huge increase in demand of the rental properties from investors. They are buying them all up and dumping them on the rental market. This is heavily increasing the rental supply.

I hope this gives some insight to why our rental rates are decreasing.