The fact that it is been so dificult to borrow money is having a positive effect on the rental acrtivity. We rented seven places today. Considering the fact that we have had record snow fall and it should be one of the slowest times of the year this is nothing short of amazing.
On top of that we are seeing the quality of people that are applying to rent getting better. My sales people call me “Mr Rain cloud” for my outlook on the economy. So I am waiting for the other shoe to drop.
