Salt Lake City’s rental market is in concession mode as a wave of new apartments hits the city after an unprecedented building boom.
Why it matters: With landlords and property managers competing for tenants, renters are in a strong position to take advantage of one-time incentives that could shave off thousands of dollars from their housing costs.
What they’re saying: “There’s a lot of supply and landlords have a lot of great incentives that we have not seen in a long time,” Dejan Eskic, a senior research fellow for the University of Utah’s Kem C. Gardner Policy Institute, told Axios…