Santiago and Central Station lead increases in apartment rental prices in 1st Quarter
The higher demand for high-rise housing and the lower supply product of barriers to building construction explain the increases.
More people looking for apartment leases, but less housing supply due to the restrictions on the construction of residential real estate projects in different parts of the capital.
This was one of the scenarios that influenced the prices of apartment rentals in the Metropolitan Region to rise by an average of 3.2% per year in the first quarter of this year, according to a report by Portalinmobiliario.com, a brand linked to Mercado Libre.
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