Sign of the Times – Vacancy Rate

These signs have been proliferating in SoMar area over the summer on individual houses and larger apartment buildings. This is not an endorsement or critique of the company just an observation.


Does this mean the economy is getting weaker and  tenants are seeking lower rents elsewhere?  Or do landlords like the mostly free-to-them service and they get good results?

Are the prospective tenants getting good value as they  must be paid “members” of which has seven retail offices, one of which is in Venice.  Website says they have been in business since 1996.

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