here’s why it’s so hard to find an affordable apartment to rent

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slog
Finding a new apartment to rent can be a slog
bắt đầu học
(noun) a period of hard work or effort
the rental vacancy rate
In New York city, the rental vacancy rate, which is the share of habitable unoccupied units, has dropped to a record low 1.4%
bắt đầu học
(noun) the share of habitable unoccupied units
landlord
Lower vacancy rates favor landlords and often lead to higher rents.
bắt đầu học
(noun) owner of the house for rent
dense
The main way to lower rents is to expand the housing supply, which is hard to do in dense urban areas.
bắt đầu học
(adj) thick, heavy or condensed
prohibitive
Those expenses can be cost prohibitive, locking renters into their current homes and reducing the number of new rentals coming to market.
bắt đầu học
(adj) exorbitant, so high cost or price
in tandem with
Broker’s fees can swing higher - in tandem with the price of rent - when there is more competition among renters.
bắt đầu học
idiom - they work together or happen at the same time
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