It is definitely a tenant's market, but the tenant needs to be aware of the “point of no return” for the landlord.
How the Capital Markets and Current Drop in Property Values Can Work to a Tenant's Advantage
It is definitely a tenant's market, but tenants need to be aware of the "point of no return" for the landlord. They need to be acutely aware of how their tenancy will affect the value of a property and how to properly leverage their existing or contemplated occupancy.
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