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Young Professionals Have Returned to Cities, Impacting Rents

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The FTSE Nareit Equity Apartments index, which tracks publicly traded apartment companies, increased 42% since January 2021. Rents in major metros such as New York City and San Francisco saw double-digit rent decreases. Young Professionals Have Returned to Cities, Impacting Rents. cbroderick. Wed, 08/04/2021 - 10:00. Baird & Co.