Why more property managers are offering rental concessions (United States, August 2024)

PayProp Insights opens with reports of strong rental demand nationwide, especially in the South.

Even so, more property managers nationwide are offering concessions in their rental listings than last year. Does this mean renters have the upper hand in today’s market?

Another story highlights a different concern for property managers: as credit card debt and delinquencies hit record highs, will rent payments fall behind?

Our next article has a bit of regional good news: the Sun Belt, particularly Austin, Texas, is a magnet for young professionals, who are keeping the rental market buzzing despite softer rent prices.

Need to be reminded why being a property manager is so rewarding? Or keen to find the best path forward as an industry newcomer? Either way, our latest blog article has you covered.

Finally, PayProp is thrilled to announce that we’ve been named Overall PropTech Company of the Year at the 2024 PropTech Breakthrough Awards. Click through to find out more about our exciting victory.