South Florida’s ever-rising rents can be a pain, but a wave of new apartments may help keep rent prices from skyrocketing, according to a national survey.In a favorable sign for millennials and new arrivals seeking housing, South Florida ranks fourth nationally in 2019 apartment construction, with more than 13,000 new units coming online by year’s end. “As it usually happens, whenever the apartment supply is abundant, there’s a certain slowdown in rent growth,” said RentCafe analyst Florentina Sarac.Ren
Source: Rent prices keep rising, but here’s how some renters may finally get a break