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Tag: tenants in good standing

Q3 TPN Rental Report: rental escalations are slowing in response to price-sensitive consumers

Q3 TPN Rental Report: rental escalations are slowing in response to price-sensitive consumers

Despite a tough economy and constrained household budgets, more tenants are paying their rent for the third consecutive quarter, and the number of tenants in good standing has continued to improve. That said, while tenants are willing to navigate rental escalations for now, there is clearly a fine balance between residential rental vacancies and the ability of property investors to ask for higher rentals.

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