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Why is the Reis apartment inventory in New York, Chicago, Boston, etc so different from what I expect?

April 26, 2017apartment boston Chicago different expect Inventory new york reis

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Why is the Reis apartment inventory in New York, Chicago, Boston, etc so different from what I expect?

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Many larger, older and more urban residential markets have vast inventories of rent-restricted units. Reis does not report figures for rent controlled, stabilized, low-income, tax credit or co-operative properties.