Market Conditions

Explain why property managers and asset managers must be knowledgeable about market conditions. Provide examples of how you would stay knowledgeable about market conditions as a property manager.

Guided Response: Review several of your peers’ responses. Respond to at least two of your peers and provide guidance on their choices to stay knowledgeable about market conditions as a property manager.

What are the two common motivations behind rent controls? Explain the pros and cons of rent control.